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AstraZeneca to invest $90 mn in India over next 5 years

The announcement follows signing of a bilateral innovation partnership for a sustainable future between Sweden and India, AstraZeneca said in a statement on Tuesday

Press Trust of India  |  New Delhi 

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Biopharmaceutical firm today said it will invest $90 million (around Rs 5.9 billion) in over the next five years.

The announcement follows signing of a bilateral innovation partnership for a sustainable future between and India, said in a statement on Tuesday.

"Our latest investment reflects our commitment to address the unmet needs in non-communicable diseases, enable high-value job creation and boost medical innovation in the country," said.

The company believes, this investment commitment across AstraZeneca's footprint in will make a positive impact. It also aligns closely with the government's vision for and innovation, Wang said.

This investment commitment will be aimed at strengthening manufacturing, clinical operations, patient safety and regulatory science, IT services and commercial operations, said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Wed, April 18 2018. 01:07 IST
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