Pfizer To Set Up Global Drug Development Centre in Chennai, To Be Asia’s First
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The centre will include the development of both, active pharmaceutical ingredients (APIs) and finished dosage forms (FDFs) of differentiated products such as complex/value-added formulations, controlled-release dosage forms, device-combination products, lyophilised injections, powder-fill products, and ready-to-use formulations.
It will also develop and support products in global markets and Pfizer’s manufacturing centres worldwide.
“Pfizer’s drug development centre in the IIT Madras Research Park is a positive opportunity to establish truly one of the most advanced laboratories that Pfizer is setting up for R&D in the aforementioned disciplines anywhere in the world, in Chennai and an opportunity to showcase the potential of R&D in the country,” said S Sridhar, Country Manager, Pfizer India, in a statement.
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