Monday, Dec 4 2023 | Time 22:28 Hrs(IST)
image
Business EconomyPosted at: Oct 18 2022 10:22PM


Yapan bio opens its new Process Development Facility in Hyderabad

Hyderabad/Mumbai, Oct 18 (UNI) Piramal Pharma Limited (PPL) on Tuesday announced that Yapan Bio has expanded its capabilities with a new process development facility at Genome Valley in Hyderabad.
The New facility is part of an $ 8 M USD expansion plan for Yapan bio; represents the first major expansion since the initial investment from Piramal in December 2021.
The new facility was inaugurated by Telangana Minister for Industries,Mr. K.T. Rama Rao (KTR ) in presence of Piramal Pharma Chairperson Ms. Nandini Piramal, Piramal Enterprises Group Director ( Strategic Business) Mr. Harinder S. Sikka, Yapan Bio Founders Atin Tomar & Nirav Desai , Telangana Principal Secretary (IT & Industries) Mr. Jayesh Ranjan and Telangana Director (Life Sciences) Mr. Shakthi Nagappan.
PPL holds a strategic minority stake in Yapan and markets its services through Piramal Pharma Solutions (PPS), an industry-leading, patient-centric Contract Development and Manufacturing Organization (CDMO) serving the global pharmaceutical and biotech market.
With this expansion, Yapan has enhanced its ability to support end-to-end development and manufacturing of RNA, DNA and gene therapy products starting from plasmids.
The expansion includes three upstream suites (including Bio-Safety Level-2 containment), a downstream process development lab, an analytical development lab, and supporting infrastructure.
The new labs will allow Yapan to optimize the utilization of the GMP facility to support manufacturing of clinical trial material for the clients.
Speaking on the occasion Mr. KTR stated, “It is heartening to see that Yapan Bio and Piramal Pharma have been continuously expanding from Genome Valley. This is testament to the strength of the biotechnology industry of Telangana. The state of Telangana has been working with the industry to see how to best match our policies and incentives to their constantly evolving needs. We will continue to be a partner for growth and ensure that companies like Yapan Bio continue to grow from the cluster.”
Ms. Nandini Piramal, commented, “This new facility, which is part of our 8 million USD expansion plan for Yapan Bio, represents the first major step in the Piramal/Yapan partnership since our initial investment back in December 2021. It’s evidence of our commitment to Yapan and the large molecule CDMO business, as well as our commitment to patients. With this investment, the Yapan team can conduct a larger number of projects than before, resulting in the development and delivery of more novel products for clinical evaluation and ultimately, better, and faster treatments for patients.”
UNI KNR SHK2221
Please log in to get detailed story.
Tags: #Yapan bio opens its new Process Development Facility in Hyderabad
More News

Kottayam-Kochi Rubber Market Rates

04 Dec 2023 | 9:27 PM

Kottayam, Dec 4 (UNI) Following were the Rubber Market rates announced by the Rubber Board here today per quintal
KOTTAYAM
RSS FOUR: 15100
RSS FIVE : 14800
ISNR TWENTY: 13500
SIXTY PERCENT LATEX: 10565
KOCHI
RSS FOUR : 15100
RSS FIVE : 14800
INTERNATIONAL RATES (BANGKOK)
RSS One : 14466
RSS Two : 14324
RSS Three: 14194
RSS Four : 14123
RSS Five : 14017
KUALALUMPUR
SMR TWENTY : 12079($144.90)
SIXTY PERCENT LATEX : 9884($118.55)
UNI PA GNK.

see more..

Telangana: TS Genco and TS Transco chief Prabhakar Rao resigns

04 Dec 2023 | 9:26 PM

Hyderabad, Dec 4 (UNI) Chairman and Managing Director of TS-Genco and TS-Transco Devulapalli Prabhakar Rao resigned from his post, here on Monday.

see more..

Skechers opens National Distribution Centre in M'rashtra

04 Dec 2023 | 8:45 PM

Mumbai, Dec 4 (UNI) Skechers, an American multinational footwear company, on Monday announced opening of Phase 1 of its new state-of-the-art National Distribution Centre (NDC) in Palava City near Dombivli in Maharashtra, and has begun shipping to its extensive nationwide retail network in India.

see more..
Driver Logistics launches Karnataka operations, aims investing Rs 525 crores

Driver Logistics launches Karnataka operations, aims investing Rs 525 crores

04 Dec 2023 | 5:26 PM

Bengaluru, Dec 4 (UNI) Driver Logistics, a rapidly growing logistics service provider, unveiled its multi-client warehouse and partial truckload operations in Karnataka on Monday.

see more..

Amazon to introduce advanced coding, AI modules in 100 KREIS schools

04 Dec 2023 | 5:17 PM

Bengaluru, Dec 4 (UNI) Amazon.in on Monday announced the expansion of its Amazon Future Engineer (AFE) programme to introduce advanced coding and artificial intelligence (AI) modules in 100 Karnataka Residential Educational Institutions Society (KREIS) Schools.

see more..
image