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

Press Trust of India  |  New Delhi 

Biopharmaceutical firm today said it will invest USD 90 million (around Rs 590 crore) 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 today.

"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.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, April 17 2018. 20:00 IST