Hyderabad: Speciality chemicals manufacturer Croda International Plc on Wednesday opened its new Global Technical Centre at Genome Valley in Hyderabad. The investment is part of Croda’s efforts to develop high performance pharmaceutical ingredients and technologies for life sciences.
The new centre will increase Croda’s capability to provide advanced and sustainable solutions to its pharmaceutical customers. It is also a significant step towards establishing Croda’s presence in Telangana, which is a critical hub supporting India’s position as the ‘pharmacy of the world’.
It will focus on the development of new ingredients, generation of application data and training for small molecule and biologic applications, enabling the company to provide specialised solutions for the pharmaceutical industry. The facility will focus on housing collaborative work with customers to help them tackle their formulation challenges during development and troubleshoot faster.
“This new technical centre represents our commitment to supporting pharmaceutical innovators and manufacturers in the region. We are committed to supporting drug development in Asia and collaborating with customers here to develop cutting-edge drug delivery technologies alongside them,” said Daniele Piergentili, president of life sciences.
Recently, Croda was awarded funding by both the UK and US Government to expand its manufacturing facilities to enhance the development of high-purity lipid systems, which are essential delivery systems for pharmaceutical drugs such as mRNA vaccines, a release said.
