Healthcare,Infrastructure sector projects by HLL Biotech Ltd in Kanchipuram
Project Information
5829
HLL Biotech Ltd
HBL is implementing the ambitious Rs 594 crore Integrated Vaccine Complex (IVC) on a 100-acre land in Chengalpettu of Kanchipuram district. Once fully operational, the IVC is expected to generate approximately 500 employment opportunities.
An MoU which was inked in the presence of Tamil Nadu Chief Minister J Jayalalithaa last weekend in Chennai envisages Tamil Nadu Government’s full support for the project.
“We have floated a subsidiary company HLL Biotech Ltd for implementing this project.
Construction of the project is in full swing and products from this facility will be ready for trial in another 18 months,” said M Ayyappan, Chairman & Managing Director after the MoU signing ceremony with TN Government.
HBL, with an annual capacity of 585 Mn doses, will manufacture pentavalent combination (DPT plus Hep B plus Hib), BCG, Measles, Hepatitis B, Human Rabies, Hib and Japanese Encephalitis (JE) vaccines in the first phase. HBL also seeks to develop a strong R&D base for development of futuristic vaccines, apart from manufacturing and supplying vaccines required for the Universal Immunisation Programme (UIP) of India.
Ayyappan said that the vaccine manufacturing was the latest and the biggest expansion HLL had in the recent past.
“The main objective of HBL is to ensure safe and effective vaccines at affordable prices and ensure the vaccine security to the nation,” M Ayyappan said.
Tamil Nadu Government is assuring various incentives and concessions for this project, besides infrastructure support.
The state-of-the-art WHO-pre-qualified facility, the first of its kind in the public sector, will also have the capacity to manufacture futuristic meningococcal, rotaviral, dengue and pneumococcal vaccines in its multi-bacterial and multi-viral facilities to address any epidemic or pandemic situations.
The Central Government has also entrusted HLL with the task of revamping BCG (Bacillus Calmette-Guerin) Vaccine Laboratory at Guindy in Chennai and Pasteur Institute of India at Coonoor, also in Tamil Nadu.
Project Value
INR 594 Crore /-
Under Construction
Kanchipuram
Tamil Nadu
India
Healthcare,Infrastructure
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