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VERIFIEDET Finance·positive
Aurobindo Pharma enters biologics contract manufacturing with Rs 1,200-crore Telangana facility
AI Summary
- ·Aurobindo Pharma has launched TheraNym, a biologics manufacturing plant in Telangana.
- ·The facility will produce biologic medicines for global markets, with US pharma giant MSD as the first major client.
- ·The plant represents an expansion into biologics and contract manufacturing and is expected to create over 1,500 jobs.