Pharmabiz
 

Avesthagen breaks ground for its new corporate HQ and R&D centre in Bangalore

Our Bureau, BangaloreThursday, March 22, 2007, 08:00 Hrs  [IST]

Avestha Gengraine Technologies Pvt. Ltd. (Avesthagen), a leading biotechnology company, began construction of its new 250,000 square feet corporate headquarters and state-of-the-art R&D centre at the international technology park, Whitefield, Bangalore. Avesthagen-One, as the building will be known, promises to be iconic in more than one aspects. Avesthagen-One has been designed by the world-renowned architect Hafeez Contractor and clearly represents what the company stands for viz. uniqueness, open-mindedness, trust, partnership and innovation. On March 21, 2001 Avesthagen's business operations at the international technology park were inaugurated by SM Krishna, the former CM of Karnataka state, stated Dr Villoo Morawala Patell, founder and managing director, Avesthagen. Currently, Avesthagen operates out of 50,000 square feet at the International technology park. Keeping in view its global ambitions, aggressive growth strategy and plans, the management felt that it was imperative to construct an R&D centre dedicated to innovation with its systems biology platforms. Avesthagen at present employs 250 people worldwide and plans to add up another 400 employees within the next 6 to 9 months.

 
[Close]