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Andhra Pradesh MedTech Zone (AMTZ) is the medical technology park with Common Manufacturing Facilities & Common Scientific Facilities located in Nadupuru village area of Visakhapatnam, adjacent to the Visakhapatnam Steel Plant. The AMTZ is spread over an area of 270 acres and it has over 10 manufacturing units.
Healthians was founded by Deepak Sahni in 2015. [6] [7] The first laboratory was set up by Healthians in Gurugram.[5] It operates in over 250 cities [8] and has a network of 12 labs across the country.
This pharma city foundation stone was laid by Y. S. Rajasekhara Reddy, then Chief Minister of Andhra Pradesh. [2] It is a pharma product SEZ and Andhra Pradesh State largest Pharma SEZ spread over 2143 acres.
The Visakhapatnam Steel Plant is only 10 km from the locality. The locality also houses many small-scale engineering work companies such as Sri Lakshmi Sai Engg, Works, Beekay Structural Steels, Vesuvius India Limited, and Jami Hydraulics Pvt. Ltd. The Visakhapatnam Special Economic Zone can be reached within 3 km.
Laurus Bio is the company's biotechnology subsidiary. Laurus Labs entered the biotechnology sector in 2020, by acquiring the Indian biotech company, Richcore. [20] Post the acquisition, Richcore was renamed to Laurus Bio Pvt Ltd, and became a subsidiary of Laurus Labs. [20]
Pathkind Labs was set up in 2016. It is promoted by diagnostic industry veteran Sanjeev Vashishta and the promoters of Mankind Pharma. [4]Pathkind Diagnostics began its operations in August 2017 and currently operates in 20+ states in India.
The company's first international move took it to Russia in 1992. There, Dr. Reddy's formed a joint venture with the country's biggest pharmaceuticals producer, Biomed.They pulled out in 1995 amid accusations of scandal, involving "a significant material loss due to the activities of Moscow's branch of Reddy's Labs with the help of Biomed's chief executive". [8]
Torrent Pharmaceuticals Ltd is an Indian multinational pharmaceutical company, part of the Torrent Group and headquartered in Ahmedabad. It was promoted by U. N. Mehta , initially as Trinity Laboratories Ltd, and was later renamed Torrent Pharmaceuticals Ltd.