Telangana Minister D. Sridhar Babu Charts the Future of Genome Valley, Hyderabad's Life Sciences Hub

Hiderabad, 16th Sept 2024: Telangana’s IT & Industries Minister, D. Sridhar Babu, inaugurated 3GV, the world’s first IFC—EDGE (Excellence in Design for Greater Efficiencies) Advanced Certified life sciences facility, located in Genome Valley, Hyderabad. Genome Valley, a major hub of life sciences innovation and growth, stands as a testament to the state’s commitment to advancing the sector. Owned by Rx Propellant, 3GV is a multi-tenant facility with an investment of INR 105 crore, hosting over 1,000 people across its 150,000 square feet of sustainable infrastructure. The facility emphasizes environmental responsibility, with advanced lab spaces designed for companies of all sizes.

Minister Sridhar Babu also visited Synopolis to participate in the Vision Forum, part of the Genome Valley Connect 2024 event, where he engaged with 50-60 key industry leaders. Together, they discussed innovation and opportunities to shape the future of Genome Valley. During the event, the minister launched the blueprint and logo for the Hyderabad International Lifesciences Square (HILS), a 300-acre international life sciences corridor in Genome Valley Phase 2. HILS is poised to foster cutting-edge facilities and global collaborations, further establishing Hyderabad as a key player in the global life sciences sector.

Speaking on the occasion, Minister Sridhar Babu said, “Genome Valley is lighting the way for our ambitions, with Hyderabad International Lifesciences Square (HILS) ushering in a new era for the life sciences ecosystem. It will be a launchpad for international giants, driving innovation and collaboration. These state-of-the-art facilities are not just about building infrastructure; they are about creating a future where Telangana leads the way in life sciences and draws new investments from renowned international companies.”

At the inauguration of 3GV, Milind Ravi, CEO of Rx Propellant, highlighted the facility’s green credentials: “We are proud to announce the inauguration of 3GV, our flagship life sciences facility in Genome Valley, Hyderabad. Achieving the world’s first IFC-EDGE Advanced certification for a speculative life sciences building reflects our focus on sustainability and innovation. With 41% less energy consumption, 87% reduced water usage, and a 25% decrease in embodied carbon compared to conventional buildings, 3GV sets a new standard for environmentally responsible infrastructure.” He also emphasized the company's commitment to achieving EDGE Net Zero certifications for future projects.

Vishal Goel, Managing Director of Rx Propellant, discussed the company’s role in the Hyderabad International Lifesciences Square (HILS), noting that “through HILS, we reaffirm our commitment to providing well-equipped spaces for scientific communities and fostering a collaborative ecosystem for innovation. Our goal is to create environments that advance life sciences research and development, contributing to groundbreaking advancements on a global scale.”

Genome Valley, India’s first organized life sciences cluster, continues to grow as a major hub for life sciences research and development. Housing International phama giants the valley is strengthening its reputation as a global center for innovation and economic growth in the life sciences sector.