• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager
• BL Club
• Smartbuy
• Books

Stocks

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

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

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

Our Bureau

Hyderabad, Feb. 2 Lonza, a $2.5 billion Switzerland-based supplier to pharmaceutical, healthcare and life science industries, is evaluating prospects in India for manufacturing and custom manufacturing activities.

“We are in the process of looking for a 20-acre site for the expansion in India. The site will be used to build research capabilities initially in the bioscience area, biopharmaceutical area and microbial control area,” Mr Stefan Borgas, CEO, Lonza, said while addressing a press conference on the sidelines of the BioAsia 2009 meet here.

He added that in the second phase they would consider backward integration into manufacturing. The company is exploring at a three to five year project horizon.

“We are looking at several locations including Hyderabad. Another important aspect for the facility is to get skilled biologists and biochemists. Finally the decision will also depend on the type of support that we get from the local Government,” Mr Borgas said.

According to him, the company would invest between $20-50 million over the next three years on creating the research infrastructure.

Avesthagen Ltd in a release issued on Monday said that under its bioNutrition programme, has developed the commercial production of DHA (docosahexaenoic acid) and will be shortly starting a 50 Kilo lts fermentation plant at SP Biotech Park.

It also proposes to set up a Biosimilars facility in a 50-acre BioPharma Park in the Genome Valley with an investment of over Rs 150 crore.

GreenPort Corporation is looking for financial partners for setting up agro parks in various locations in South and Western parts of the country initially.

“We have a plan to locate land in two places – one near Bangalore and other near Chennai and by March we should finalise the location. Roughly we will require around 5,000 acres and the investment projected is Rs 2,000 crore per park,” Dr RamalingaRaju. S, Head (Livestock Projects), Green Port said here.

The company has entered into a collaboration with Alterra, Wageningen University of Netherlands, to prepare a master plan.

More Stories on : Research & Development | Pharmaceuticals

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

Copyright © 2009, 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