• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• Business Line
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Pune , Aug. 3

Advinus Therapeutics, the latest drug discovery facility, catering to the pharmaceutical and agrochemical industries, was inaugurated by Mr Ratan Tata at Hinjewadi in Pune on Thursday. The company has been promoted by the Tata Group with Dr Rashmi Barbhaiya, CEO & Managing Director, Advinus.

Located in the biotech park at Hinjewadi and spread over an area of 20,000 sq ft, the unit will undertake novel drug discovery and generate IP primarily in the areas of metabolic diseases and inflammation. The facility has 55 scientists in various streams initially and has plans to ramp-up over a period of time. It is equipped with latest automated biological testing equipment.

Dr Rashmi Barbhaiya, CEO & Managing Director, Advinus, said it would focus on creating cutting-edge research facilities with an estimated workforce of 550 employees by 2010.

More Stories on : Research & Development | Pharmaceuticals | Bio-tech & Genetics | Maharashtra

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
`Alarming rise in bacterial percentage in Ganga waters'

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line