Monday, April 15, 2024

Rs 828-cr innovation hub opened in Hyd

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Biopharmaceutical giant Bristol Myers Squibb inaugurated its latest facility in Hyderabad on Monday, expanding its global presence.
The new facility, which can house over 1,500 employees, has been built with an investment of more than $100 million (nearly Rs 828 crore). Bristol Myers Squibb hopes to further its goal of creating innovative medical discoveries by utilising local talent through its new hub.

The launch was attended by the Telangana Minister for Industries & Information Technology D Sridhar Babu and Chief Executive Officer of Bristol Myers Squibb, Dr Christopher Boerner and other officials. Addressing the event Minister Sridhar Babu said, “I am delighted to celebrate the opening of Bristol Myers Squibb’s site in Hyderabad. This marks an important milestone and investment in our vibrant community, offering opportunities for our rich talent pool here to work at the forefront of science and innovation.”
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