Chemo Pharma has announced an investment worth Rs 100 crore to establish a second line in their production area in Hyderabad, Telangana.
The new line will be used to produce pharma finished dosage forms. The company has invested around Rs170 crore till now and created 270 jobs.
In 2021, the company has established additional Quality Control and Stability Labs in their facility in Hyderabad.
The company is also planning to initiate a new Active Pharmaceutical Ingredient (API) and R&D Centre in Hyderabad along with continuing new product development activities in solids and injectable in Genome Valley.
