Laurus Labs Ltd has recently announced the opening of its modern new R&D centre at IKP Knowledge Park, Plot No. DS15, Kolthur Shamirpet Medchal Telangana.
The facility was officially inaugurated by Honourable Shri Duddilla Sridhar Babu Garu, Minister of Information Technology, Electronics and Communications, Industries and Commerce and Legislative Affairs – Government of Telangana, as well as Dr. Satyanarayana Chava, Founder and CEO of Laurus Labs, and other senior management team members. The modern facility is designed to promote innovation while advancing the company’s goal of developing “Chemistry for Better Living.”
Laurus Labs is investing ₹250 crore to establish the new R&D center, featuring a 2,00,000-square-foot facility with state-of-the-art laboratories and infrastructure. This new center is designed to support its CDMO business and will create job opportunities for over 800 individuals.
