![]() Financial Daily from THE HINDU group of publications Thursday, Aug 11, 2005 |
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Corporate
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New Projects Industry & Economy - Medical Institutions & Hospitals US health body to set up lab in Hyderabad K.V. Kurmanath
Hyderabad , Aug 10 UNITED States Pharmacopeia (USP) will set up its first laboratory outside the US in Hyderabad. The centre will come up at the ICICI Knowledge Park in the city. USP is an independent public health organisation that sets standards for drugs and dietary products and guides the producers in achieving those standards. Its standards are used in about 130 countries. Sources in the Andhra Pradesh Government said that the USP decision would go a long way in attracting more internationally reputed pharmaceutical institutes and companies into the State. Involving experienced Indian scientists, the Hyderabad centre would offer a range of pharmacopeial services to the pharmaceutical manufacturers in India and neighbouring countries. The centre would support and interact with the institutes, industry, and regulatory bodies in the pharma sector to promote quality therapeutic products. The State Government hopes that USP's arrival would boost the credibility and image of the State with respect to expertise in pharmaceutical and infrastructural areas.
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