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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.
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.
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]
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]
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.
This article about a location in Visakhapatnam is a stub. You can help Wikipedia by expanding it.
NAD Kotha Road, or NAD X Road, is one of the major junctions and commercial centers in Visakhapatnam, India. It is named for the Naval Armament Depot. It is named for the Naval Armament Depot. The Naval Armament Depot and (NSTL) Naval Science and Technological Laboratories is located here.
Engro Corporation Limited, formerly Engro Chemicals Pakistan Limited, and commonly known as Engro (Urdu pronunciation: [ɛn.ˈɡɾoː] en-GROW), is a Pakistani conglomerate headquartered in Karachi. It was founded as Esso Fertilizer in 1965 by Esso .