Novartis Investement in Hyderabad

Q: Hello everyone, I have heard that among the many investments in the Pharma City in Hyderabad, the Novartis Pharma company is also investing in Hyderabad. Does anyone have details about this?

Bharath Konda, Hyderabad

24th February 2015

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Replies (8)

Actually, Novartis is planning to transfer or move the jobs of about 6% of their total work force so as to reduce the number of production sites and is part of a larger drive to cut cost.

Ashok Kolluru, Hyderabad

3rd March 2015

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Though the Novartis has a lot of functions, this particular center will not focus on R&D, however, it will focus on drug safety and regulatory affairs, epidemiology and clinical trial support, publication activities besides finance and IT.

Ramesh Gullapalli, Hyderabad

2nd March 2015

Comment

I agree, this in a way is also developing and funding the outskirts of the city as well. Because this facility will be coming up some where on the outskirts of the city, and the area surrounding that place will also increase its value and the real estate price due to the establishment of this facility.

Lokesh Gowda, Hyderabad

1st March 2015

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Wow, Novartis is a very big and very well known company, and I think with its investment in the city, the other reputed companies will follow suit as well and I think Hyderabad will see a lot of development too!

Sanjay Naidu, Hyderabad

28th February 2015

Comment

The new center is expected to open in late 2015 or early 2016 and will bring together all Novartis operations that are currently spread across three sites in Hyderabad. Although it is not sure where their facility is going to come up.

Nakul Rao, Hyderabad

26th February 2015

Comment

Novartisis actually a Switzerland based company. But in India, Novartis is present in India through Novartis India, listed on the BSE, and its wholly owned subsidiaries Novartis Healthcare, Sandoz Private and Chiron Behring Vaccines.

Apsara Ivaturi, Hyderabad

26th February 2015

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hi, bharath, this unit of the Novartis company apparently has a seating capacity for more than 8,000 employees and is the largest in the past five years. Novartis inaugurated its first technology center in 2007 and right now it has over 2,300 employees working on various functions like drug development, medical operations, commercial operations and finance, etc,

Achyut Reddy, Hyderabad

25th February 2015

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Hey, yes Bharath. The Novartis Pharma Company is investing in Hyderabad. They have recently bought 8.7 lakh square feet of office space in Hyderabad in a bid to start its operations in the city. Right now, Hyderabad is seeing a lot of investments in the Pharma Sector, a it has a bulk drug industries and also because of the Pharma City.

Siddarth Mamanthur, Hyderabad

24th February 2015

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