The state's capital, which is quickly becoming the global hub for expertise in the biological sciences, has attracted yet another significant investment in the field. With the goal of building the largest stem cell manufacturing facility in india, US-based StemCures plans to open a manufacturing lab in telangana that will concentrate on stem cell treatment.

The facility will be built with an estimated investment potential of US$54 million and with the potential for 150 jobs over a few phases. The statement was made during a meeting in Boston, Massachusetts, between IT and industries minister KT Rama Rao and Dr. Sairam Atluri, Founder of StemCures. The planned plant's goal is to use the most recent technology and know-how from the US to create the highest-quality stem cell products at competitive prices for treating a range of significant medical problems.
Welcome to Hyderabad, StemCures! I'm thrilled to do so. I am convinced that StemCures will provide patients in india top-notch care since stem cell therapy is a potential new treatment for a number of illnesses. To increase patient access to stem cell therapy in india, I'm looking forward to partnering with the clinic, the minister added.

"It gives me such hope to watch Hyderabad, my city, develop into a thriving center for medical advancements. We had no trouble setting up an R&D center, and we are now looking forward to growing with the production unit. I truly appreciate the promptness and support of minister KT Rama Rao and his staff, Dr. Atluri added.

The stem cell line's R&D is currently coming to a close at Aspire Bionest in the university of Hyderabad, and StemCures is prepared to start a Phase 1 production lab. More than a thousand life sciences businesses, including the top ten pharmaceutical firms, are already served by Hyderabad. Through their specialised centre, four of the top ten global innovation businesses now have a direct presence in Hyderabad. These facilities drive essential R&D, engineering, and wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital operations, helping to provide patients throughout the world with affordable, life-saving treatments and equipment.

In Ohio, there is a medical facility called StemCures that specializes in stem cell treatment. Only the best stem cells are used in this FDA-approved facility. Both Shakthi M. Nagappan, CEO of telangana Lifesciences, and Jayesh Ranjan, Principal Secretary (Industries and Commerce), were present.

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25/05/2023 09:02 AM