Laurus Labs Ltd., a pharmaceutical and biotech company driven by research and development in India, has officially opened its new R&D facility at IKP Knowledge Park, Plot No. DS15, Kolthur Shamirpet, Medchal, Telangana. The inauguration was graced by D. Sridhar Babu, Minister of Information Technology, Electronics & Communications, Industries & Commerce, and Legislative Affairs for the Government of Telangana, alongside Satyanarayana Chava, Founder & CEO of Laurus Labs, and other members of the senior management team. This center is designed to promote innovation and aligns with the company’s mission of advancing “Chemistry for Better Living.”
“This is our fifth R&D center, and it stands as a testament to our commitment to innovation and excellence. We are confident that this facility will help us develop groundbreaking solutions to address unmet medical needs,” said Chava.
Key Highlights
- Total investment: ₹250 crore
- 200,000 square-foot facility featuring modern laboratories and advanced infrastructure
- The R&D center will support Laurus Labs’ Contract Development and Manufacturing Organization (CDMO) business
- The facility is expected to create over 800 job opportunities