Business Economy


Syneos Health opens global life sciences, technology centre in Hyderabad

Hyderabad, Sep 23 (UNI) Syneos Health on Wednesday announced the opening of its Global Life Sciences and Technology Centre in Hyderabad, bringing together clinical, commercial, scientific, technology and AI capabilities to support drug development and commercialisation globally.
The 137,000 Sq.ft centre was inaugurated by Telangana IT and Industries Minister D. Sridhar Babu in the presence of senior Syneos Health executives and State officials.
The facility is the company's largest in Asia and third-largest globally, with an initial workforce of more than 700 professionals, which is expected to increase in the coming years, the company said in a release here.
The centre will house capabilities in clinical development, commercialisation, medical affairs, technology, artificial intelligence and corporate functions.
Syneos Health is also positioning India as a strategic growth hub, with global leaders and teams operating from Hyderabad to support customers worldwide.
Speaking at the inauguration, Sridhar Babu said Hyderabad had developed a strong life sciences ecosystem and a deep technology talent pool, and the next opportunity was to combine these strengths with AI.
He said Hyderabad had the potential to become a global testbed for AI-enabled life sciences, supported by an ecosystem spanning APIs, bulk drugs, generics, CDMO, vaccines, research and discovery, along with a growing presence of global healthcare and biotech GCCs.
The release said Hyderabad accounts for 20-23 per cent of India's healthcare-biotech GCC market.
With Syneos Health's entry, four of the world's top five Contract Research Organisations (CROs) now have a presence in Hyderabad.
Syneos Health Head of Operational Excellence Tom Wollman said India had been an important part of the company's global organisation for more than two decades and was now helping shape its future direction.
Jinu Jose, General Manager, India and Strategic Growth Hubs, Syneos Health, said the new centre was a strategic hub bringing together global leaders, clinical and commercial experts, technologists and innovators to develop new capabilities and support biopharmaceutical customers worldwide.
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