Latest news with #Rs166
Hans India
14 hours ago
- Business
- Hans India
AstraZeneca expands B'luru hub with Rs 166 cr
New Delhi: Biopharmaceutical firm AstraZeneca on Thursday said it has expanded its global hub in Bengaluru with an investment of Rs166 crore, creating 400 jobs to boost Research and Development, global services and AI innovation. The new facility will house nearly 1,300 employees, including 400 new jobs, supporting the company's capabilities in AI-powered innovation across Research and Development, global business services, IT, and digital health operations, AstraZeneca said in a statement. 'Our global hub in Bengaluru is a strategic investment that will play a vital role in advancing AstraZeneca's bold ambition to deliver 20 new medicines by 2030 -- by strengthening automated, scalable, data-driven, and patient-centric solutions,' AstraZeneca Vice President, Global Business Services, Jackie Crockford said.
Time of India
20 hours ago
- Business
- Time of India
AstraZeneca invests Rs 166 crore to expand Bengaluru operations
Bengaluru: Global biopharmaceutical company AstraZeneca is investing Rs166 crore to expand its Bengaluru operations, creating 400 new jobs. The upgraded facility will support around 1,300 employees and enhance the company's capabilities in AI-driven R&D, global business services, IT, and digital health, strengthening its presence in India. This investment follows AstraZeneca's recent expansion of its Global Innovation and Technology Centre (GITC) in Chennai. The company's workforce in India will increase to 4,000 employees, highlighting India's growing significance in AstraZeneca's global operations. The enhanced Bangalore facility will house nearly 1,300 staff members and function as a comprehensive centre supporting AstraZeneca's primary operations in clinical research, AI-driven healthcare solutions, global business services, and regulatory compliance. "Our global hub in Bengaluru is a strategic investment that strengthens our ambition to deliver 20 new medicines by 2030," said Jackie Crockford, VP of global business services at AstraZeneca. You Can Also Check: Bengaluru AQI | Weather in Bengaluru | Bank Holidays in Bengaluru | Public Holidays in Bengaluru The new facility will serve as a dynamic hub advancing AstraZeneca's critical priorities, including advanced clinical research across global therapeutic areas, development of AI-powered healthcare and digital health technologies, centralized data analytics to improve clinical trial efficiency and patient outcomes, and specialized support for global regulatory compliance and pharmacovigilance. Karnataka health minister Dinesh Gundu Rao said, "This aligns with our vision to drive high-value employment and make Bangalore a biotechnology and R&D powerhouse. "
