Chemveda Life Sciences has announced that it will invest Rs 150 crore in expanding its Hyderabad footprint.

The announcement was made after Telangana’s Industry Minister KT Rama Rao, who is on a visit to the United States, met the company heads in San Diego on Monday.

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Chemveda Life Sciences is a Hyderabad and San Diego headquartered mid-sized contract research organisation which provides solutions to the pharmaceutical, biotechnology and agrochemical industries, along with the academia.