Search: Look for:   Last 1 Month   Last 6 Months   All time

HLL Lifecare floats subsidiary for vaccine complex

Thiruvananthapuram,Business/Economy, Mon, 30 Apr 2012 IANS

Thiruvananthapuram, April 30 (IANS) Kerala-based HLL Lifecare, a mini-ratna PSU, has floated wholly-owned subsidiary HLL Biotechltd to execute the Rs.594 crore Integrated Vaccine Complex (IVC) coming up in Tamil Nadu.


The first phase of IVC, which would come up at Chengalpattu in Tamil Nadu's Kanchipuram district, will be completed within 36 months.


With an annual capacity of 585 million doses, it will manufacture pentavalent combination (DPT plus Hep B plus HIB), BCG, measles, Hepatitis B, human rabies, HIB and Japanese encephalitis vaccines.


"We have started onsite preliminary works at the 100 acre area. The project office has started functioning with sufficient staff, including the project officer," said HLL chairman and managing director M. Ayyappan.


The project, cleared by the Cabinet Committee on Economic Affairs (CCEA) April 26, was announced in the previous budget and is intended to be a milestone in bolstering India's vaccine security.


Manohar Lal being presented with a memento
Manoj Tiwari BJP Relief meets the family members of late Ankit Sharma
Haryana CM Manohar Lal congratulate former Deputy PM Lal Krishna Advani on his 92nd birthday
King of Bhutan, the Bhutan Queen and Crown Prince meeting the PM Modi
PM Narendra Modi welcomes the King of Bhutan
Post comments:
Your Name (*) :
Your Email :
Your Phone :
Your Comment (*):
  Reload Image




Excellent Hair Fall Treatment
Careers | Privacy Policy | Feedback | About Us | Contact Us | | Latest News
Copyright © 2015 NEWS TRACK India All rights reserved.