Indigene To Set Up $10m Unit At Hyderabad

US-based Indigene Pharmaceuticals has decided to set up a development centre in India involving an initial investment of $10 million. The company is engaged in the development of superior plant-based medicines.

The development centre will be located in Hyderabad and will support product development, supply logistics and manufacturing. The centre will start functioning in a couple of months.

Indigene already has a sustainable product development pipeline and is focusing on four therapeutic areas