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Biocons Syngene to set up $100-million plant at Mangaluru

Industry Drugs & Pharmaceuticals

Biocon's custom research and manufacturing services arm, Syngene International, will set up a pharma ingredients and agrochemicals manufacturing plant at the SEZ in Mangaluru on 40 acres of land.It has finalized arrangements for the land and is awaiting statutory clearances for project initiation. Estimated cost of the project is around $100-million.

Extracted from TNN, Dec 10,’15

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