Monday, March 28, 2022

Telangana Minister pitches Hyderabad as Pharma Hub
HYDERABAD: Telangana industries & IT minister KT Rama Rao, who is on a week-long US trip hard-selling Telangana as an investment destination, met top honchos of the world’s top three pharma players — Pfizer, Johnson & Johnson and GlaxoSmithKline — in New York.

Not only did KTR pitch Telangana’s life sciences sector, especially the Hyderabad cluster, he also sought their suggestions on boosting the city’s life sciences innovation quotient and invited them for the 20th edition of BioAsia that is scheduled to be held in February 2023 in Hyderabad.

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In a bid to get a sense of the $42 billion turnover Pfizer’s strategy and plans for India’s healthcare and pharma sector, KTR met its chairman & chief executive officer Albert Bourla and also showcased Telangana’s vibrant life sciences ecosystem that accounts for a chunk of the global vaccine supply.

The Telangana delegation, which also included industries department principal secretary Jayesh Ranjan and life sciences director Shakthi M Nagappan, also met Pfizer’s EVP & chief global supply officer Mike McDermott as well as its SVP & chief scientific officer Dr Uwe Schoenbeck.

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At the office of the $82 billion turnover J&J, KTR held deliberations with its EVP of pharmaceutical R&D Dr Mathai Mammen.

The minister also met Agam Upadhyay, SVP & chief technology officer, GlaxoSmithKline (GSK), to acquaint him with Hyderabad’s technological and digital innovation capabilities.

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