Serial entrepreneur Srinubabu Gedela, founder of Omics International, which is into giving open access to healthcare and scientific information, has unveiled plans to expand with over an investment of over ₹1,000 crore.

His immediate plans are to build Pulsus, the 30-year-old Canadian Health Informatics Company that he acquired in 2016, into a go-to destination for premium scientific content and drug safety studies. The Pulsus Group, with revenues of $9 million and 50 journals, has offices in London, Ontario and now in Hyderabad.

The growth targets will include a Centre at the Chennai SEZ and later in Gurugram. The objective is to grow the firm into a 1,000-employee outfit n India from the present 500 working out of the Technology Hub in Hyderabad.

OMICS expansion

In the next three years, two large projects will be executed. The first will be a health informatics publishing facility in a special economic zone in Hyderabad on a 20-acre campus with an investment close to ₹1,000 crore.

The second will be a Lifesciences Skill Development Centre in Visakhapatnam entailing a ₹100-crore investment. It will be set up on 10 acres at Rishikonda and become operational in two years, Srinubabu said.

The near-million sq ft facility in Hyderabad, to be completed in three years, will provide employment to hundreds. It will produce health information, services to pharma and market reports. The funding will be mostly through internal accruals and some debt, he told BusinessLine .

Omics runs nearly 1,000 open access scientific journals, posts 50,000 articles annually, hosts global conferences and is challenging the industry the biggies with its aggressive pricing and marketing strategy. In recent times, it has landed in legal challenges in the US, “which we are addressing suitably,” Srinubabu said.

Affordable platform

He claimed that Omics’ publications and practices were as per international standards. The primary objective is to provide an affordable platform for scientists from developing countries — especially from countries that have difficulty with English, such as China, Japan, Korea and the African countries — to publish their research works in open access journals.

Srinubabu has also made investments in 18 companies, including SkillPro, Mera Events, INK 42.

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