- Biotechnology
- Thursday, 28 Nov 2019
Jubilant Biosys Commences Major Capacity Expansions for its Drug Discovery Services Business
Jubilant Biosys, a Bengaluru-based subsidiary of Jubilant Lifesciences Limited, today announced commencement of two expansion projects in Greater Noida and Bengaluru.
Due to growing customer demand for its range of functional and integrated drug discovery services, Jubilant Biosys has started design and construction of brand new and state-of-the-art chemistry services laboratories on the existing Jubilant Greater Noida site. The chemistry FTE capacity will be doubled and operations are expected to commence from H2 2020. The new site can accommodate up to 500 Chemistry FTE's. The site will be designed for the highest global compliance standards and deliver superior speed and quality in the entire drug discovery process.
Jubilant Biosys has obtained a 10-acre plot in the Devanahalli Industrial Park which is adjacent to the International Airport. A completely new drug discovery services site will be constructed in phases for further expansions.
In addition, we have formed a new digital business unit comprising of Bio-Informatics, Data-curation for AI/ML, TrialStat EDC software as well as discovery focussed AI/ML capabilities. This business unit will also further expand on the new site and deliver increased benefits to our customers.
Marcel Velterop, President – Jubilant Biosys and CDMO, said: "The improving customer confidence earned through exemplary scientific execution and a positive outlook in the global drug discovery industry has resulted in the largest investment program in Jubilant Biosys since its inception. We will soon be able to offer our customers much improved capacity and services as well as ability to deliver an integrated IND package along with superior functional discovery services. A combination of the best talent and state-of-the-art technology and instrumentation will be offered to pursue drug discovery collaborations and help deliver new innovation to patients faster than ever. "
Related Industry Updates
Breast Cancer Deadlier in Heart Attack Survivors
Jul 16, 2020
Biosimilars Market is expected to reach US$ 1,36,069.53 million by 2028
Feb 24, 2023
Aridis Pharmaceuticals to Host Investor Day Showcasing APEX™ Technology Platform and Key Opinion Leader Panels on Cystic Fibrosis and Pneumonia
Feb 18, 2020
Animal Genetics Market Foreseen to Grow Exponentially by 2025 with Top Key Vendors: Envigo, VetGen, ANIMAL GENETICS INC., ALTA GENETICS INC., Groupe Grimaud
Mar 19, 2021
Rehabilitation Robots Market 2020: Demand Analysis, Key Players, Trends, Sales, Supply, Deployment Model, Segments, Organization Size, Production, Revenue Data & Forecast to 2027
Dec 31, 2020
Analyzing Impacts Of COVID-19 On Fertility Testing Market Effects, Aftermath And Forecast To 2027
Apr 19, 2021
Companion Animal Diagnostics Market is expected to reah US$ 6,303.87 million by 2030
Nov 02, 2023