During his visit to the U.S., D. Sridhar Babu, Minister of Industries and IT in Telangana, inaugurated a new site of Innovera Pharma with senior officials. In 2019, the company laid the groundwork for a facility in Suryapet, Telangana. The opening of this US-based site is a landmark in their worldwide moves. It is expected that the center will be instrumental towards increasing Innovera Pharma’s research, development and production capabilities. On Thursday, both Telangana government and Innovera Pharma stated the CEO’s appearance at this inauguration represented an international collaboration between states.
According to Innovera Pharma, it specializes on unique generic and branded products having development barriers. Its project in Suryapet whose groundbreaking ceremony was held on February 22 has been aimed at enhancing local manufacturing capabilities and infrastructure.
