Pune-based Mylab to open new facility in Visakhapatnam for advanced diagnostics

Spread over 43,000 square feet, the facility will be set up to cater to the increasing demand for transformative molecular testing in India and across the world for early and accurate diagnosis, Debarshi Dey, Director of Mylab Discovery Solutions, said.

Mylab discovering solutions. (Photo/Mylab)

Pune-based biotech company Mylab Discovery Solutions on Monday announced the opening of a new manufacturing facility at Andhra Pradesh MedTech Zone (AMTZ) in Visakhapatnam. “This is a new facility that will utilise the latest technology to manufacture a wide range of high-quality molecular diagnostic products,” Hasmukh Rawal, MD of Mylab Discovery Solutions, said.

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Spread over 43,000 square feet, the facility will be set up to cater to the increasing demand for transformative molecular testing in India and across the world for early and accurate diagnosis, Debarshi Dey, Director of Mylab Discovery Solutions, said.

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In an official statement, Dr Jitendra Sharma, Managing Director and CEO, Andhra Pradesh MedTech Zone, said, “Mylab has…been at the forefront of the fight against Covid-19. The addition of Mylab’s facility further reinforces AMTZ’s pioneering position as an ecosystem that supports new innovations in healthcare and boosts manufacturing of home-grown diagnostic solutions.”

The new manufacturing facility is under construction and will officially start operations from June 2022 after receiving the necessary approvals.

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