Genome valley Phase III Project - Foundation Stone laid


HYDERABAD: The State Government has allotted another 414 acres in Genome valley for taking up the third phase of the Biotechnology Park. 

Chief Minister Sri Y.S. Rajasekhara Reddy laid the foundation for Phase III of Biotech Park at Karakapatla in Medak district on Tuesday. The first two phases of the Shapoorji Pallonji Biotech Park have already been completed with more than 20 biotech firms commencing their operations.

In all, 14 international biotech companies have established their operations in the cluster over the last one year and several others such as Nektar Therapeutics which listed on the NASDAQ and United States Pharmacopoeia would be setting up their facilities in Genome valley. 

(Courtesy : The Hindu)