Zoetis to expand capability center in Hyderabad

This expansion strengthens Zoetis’ footprint in India and will create hundreds of new jobs

By Newsmeter Network  Published on  10 Aug 2024 12:41 PM IST
Zoetis to expand capability center in Hyderabad

Hyderabad: Zoetis Inc. has announced the expansion of Zoetis India Capability Center in Hyderabad, to drive the company’s innovative technology portfolio.

This announcement was made during a meeting with Telangana Chief Minister A. Revanth Reddy, and the Minister for Industries and Commerce, D. Sridhar Babu, during the ongoing USA tour, where they were joined by other senior government officials.

Recognizing the strategic importance of the region as a hub for innovation and talent, this expansion strengthens Zoetis’ footprint in India and will create hundreds of new jobs.

“We are delighted with Zoetis' decision to expand their Zoetis India Capability Center in Hyderabad. This is a testament to the thriving ecosystem we have cultivated in Telangana, where businesses can grow and innovate. Zoetis' investment in futuristic technologies aligns with our vision of making Hyderabad a global hub for advanced technologies and life sciences,” said Telangana chief minister A. Revanth Reddy.

Keith Sarbaugh, Chief Information Officer at Zoetis, added, “Hyderabad is the ideal location for our Zoetis India Capability Center, offering a wealth of talent and an incredible Life Sciences innovation ecosystem. Our decision to expand here underscores our commitment to investing in the future of animal health and technology innovation. We are excited to continue our partnership with the Government of Telangana and contribute to the region's development.”

Anil Raghav, Vice President and Head, Zoetis India Capability Center, added, “By leveraging the world-class talent available in Hyderabad, our center will drive innovation and pioneer transformative advancements, ensuring sustainable growth and a competitive edge for Zoetis worldwide, while contributing to the development of the region.”

Sridhar Babu, Minister for Industries and Commerce, remarked, “Zoetis’ commitment to creating new jobs over the coming years reflects the confidence global companies have in Telangana’s business-friendly environment. I urge the talented workforce of Telangana to join Zoetis and create the future of animal healthcare. We look forward to supporting Zoetis in their journey of innovation and growth in Hyderabad.”

About Zoetis

As the world’s leading animal health company, Zoetis is driven by a singular purpose: to nurture our world and humankind by advancing care for animals. After innovating ways to predict, prevent, detect, and treat animal illness for more than 70 years, Zoetis continues to stand by those raising and caring for animals worldwide – from veterinarians and pet owners to livestock farmers and ranchers. The company’s leading portfolio and pipeline of medicines, vaccines, diagnostics, and technologies make a difference in over 100 countries. A Fortune 500 company, Zoetis generated revenue of $8.5 billion in 2023 with approximately 14,100 employees.

Stanford Byers Center for Biodesign keen to partner with Telangana

Stanford Byers Center for Biodesign keen to partner with Telangana

On their US tour, Chief Minister Revanth Reddy and Minister for Industries and Commerce Sridhar Babu, met senior representatives of the Stanford Byers Center for Biodesign at Stanford University to explore collaboration in healthcare innovation, education, and skill development.

Telangana delegation discussed various areas of mutual interest, including partnerships in establishing the upcoming Young India Skills University and the new Life Sciences University in Telangana. The discussions also revolved around integrating Stanford's globally renowned biodesign innovation process into the state’s academic and healthcare ecosystems.

During the discussions, the team from the Stanford Byers Center for Biodesign led by Dr. Anurag Mairal and Dr. Josh Makower presented a letter to the Chief Minister expressing keen interest in collaborating with the Telangana government.

In his letter, Dr. Josh Makower stated that Telangana government’s focus on developing a large medical device industry that provides high-value employment opportunities for the people of the state is clear from the ongoing support of medical device education, innovation, and manufacturing.

"Telangana is at the forefront of innovation and industry in India. By partnering with global leaders like Stanford Biodesign, we aim to equip our youth with the skills and knowledge needed to excel in the rapidly evolving healthcare sector. This collaboration will not only benefit our state but also contribute to the global community by developing innovative healthcare solutions," said Revanth Reddy.

"Stanford Biodesign’s expertise in identifying unmet clinical needs and developing cutting-edge solutions aligns perfectly with our objectives for the Young India Skills University and the Life Sciences University. By working together, we can create a robust ecosystem that fosters innovation, nurtures talent, and accelerates the growth of life sciences and healthcare industries in Telangana," Sridhar Babu said.

The meeting also covered discussions on knowledge exchange programs, joint research initiatives, and the possibility of establishing a satellite center for Stanford Biodesign in Telangana.

This visit marks the beginning of what is expected to be a fruitful collaboration between the Government of Telangana and the Stanford Byers Center for Biodesign, further solidifying Telangana’s position as a hub for innovation and excellence in healthcare.

Next Story