Fosun Group officials meet KTR

Hyderabad, March 14 (INN):Chairman of Fosun Group GUO Guangchang along with Frank F. Yao, Co-Chairman, Shanghai Fosun Pharmaceutical Group and Carl Peng, General Manager of International Development called on Industries Minister K. Tarakarama Rao this morning.
Founded in 1992, Fosun is a multinational company with total assets exceeding RMB500 billion as of June 2017. Major portfolio of the group includes Fosun Pharma, Sinopharm, Fosun United Health Insurance, Portugal's hospital chain Luz Saude, world's largest leisure vacation chains Club Med, Atlantis Sanya, Yuyuan Inc., the top brand of Dead Sea mineral Israeli skincare brand AHAVA; Portugal's largest insurance company Fidelidade, Portugal's largest listed bank Banco Comercial Portugues (BCP), the German renowned private bank Hauck & Aufhaeuser (H&A), Hong Kong-based Peak Reinsurance and Mybank, among others. Recently Fosun Pharmaceuticals acquired 74% state in Hyderabad based Gland Pharmaceutical at approximately USD 1.1 Bn.
During the meeting, KTR welcomed Fosun to the Hyderabad Life Sciences Ecosystem and assured all cooperation from State Government for smooth operations. He also explained Guo and his team about the Hyderabad Pharma City, Medical Devices Park and Genome Valley clusters of Hyderabad.
Guo expressed that Fosun is happy to be in Hyderabad and is very impressed with the ecosystem. The team also expressed interest in the opportunities in Hyderabad Pharma City and Medical Devices Park. (INN)
Source: Agencies



No comments yet! Be the first one to leave a comment.

Add Comment


More Hyderabad News

Hyderabad recertified ODF city ..

Record shrimp cultivation in Telangana ..

- Forest offenders to face PD Act: DGP
- National Health Mission lauds Telangana for healthcare
- Few Muslims in Central paramilitary forces, says Asaduddin Owaisi
- Lightning, flood alert systems in TS soon
- Azharuddin keen to contest LS polls from Secunderabad
- Will focus on urban areas after 2019, says KTR
- Zoho to set up two data centres in India
- Telangana Vaidya Vidhan Parishad gets 919 specialist doctors
- Irrigation Dept Chief Engineer in ACB net
- Katrina Kaif's response to Arjun Kapoor's comment on her photo is spot on
- Ahmed Patel moves SC seeking dismissal of plea challenging his election to Rajya
- Hyderabad Zone to push for GST returns filing
- Sheep distribution 2.0 to begin from Siricilla
- TS among top States in Niti Aayog delta ranking
- KCR offers pooja at Vijayawada's Kanaka Durga Temple
- TITA to promote Digithon and TIIC in US and Canada
- MANUU admission counselling from July 9
- Strong organisation must to defeat TRS: Uttam
- Nizamabad TRS leaders seek action against DS
- 'Add more places to Swachh Iconic Places list'

Related News

Take steps to meet power needs in rabi season: Telangana CM
Hyderabad, Oct 4: Telangana Chief Minister K Chandrasekhar Rao today asked officials to make necessary arrangements for power supp .. read more
Rachakonda CP Mahesh helps Civil Services aspirants online free of cost
Vishwas NewsHyderabad, Feb 22:Rachakonda Police Commissioner Mahesh M Bhagwat, says, "It is purely out of passion that I am mentor .. read more
Indian who went missing in Pakistan found at Facebook friend's home, to be sent back today
April 24:The 24-year-old Indian from Punjab who had gone missing in Pakistan during Baisakhi celebrations was found in Punjab prov .. read more
UEFA Champions League: Permutations ahead of final round for last-16 qualification
Dec 4:UEFA Champions League group stage has reached its climax with eight places in the last-16 still up for grabs as the teams ar .. read more
KTR keeps promise, meets young mountaineer
Vishwas NewsHyderabad, July 18:Municipal Administration and Urban Development Minister KT Rama Rao met 7-year-old mountaineer Sama .. read more

More Related News

- Aadhar Card must for meeting prisoners
- Krishna River Management Board meet likely to be postponed
- Governor couple to meet citizens on Diwali
- 176 non-performing officers retired in public interest: Govt
- First police sports meet to begin on November 5
- Asian Cup qualifiers: Buriram to host Malaysia v North Korea
- HC Samiullah Khan gets net cash and medal for best service
- Silicon Valley mentors and investors to help T- Hub start ups- KTR
- Rumours lead to clashes between students' groups in Satavahana University
- Bin Zayed Group offers to bring investments worth $2 Billion into Telangana

More Latest News:

- Ruckus in Lok Sabha as Shashi Tharoor blames right-wing activists for mob violence
- MiG-21 fighter jet crashes in Kangra, pilot dead; Court of Inquiry ordered
- Three killed, many feared trapped as two buildings collapse in Greater Noida
- 'Completely paralysed' despite Constitution Bench verdict, Delhi govt tells Supreme Court
- Govt hikes sugarcane price by Rs 20 per quintal to Rs 275
- Delhi HC seeks authorities stand on lack of breastfeeding facilities in public places
- Hyderabad recertified ODF city
- Record shrimp cultivation in Telangana
- Harish Rao wants national project tag for Kaleshwaram
- Forest offenders to face PD Act: DGP
- National Health Mission lauds Telangana for healthcare
- Few Muslims in Central paramilitary forces, says Asaduddin Owaisi
- KTR keeps promise, meets young mountaineer
- Unhealthy and painful: 5 extreme ways to lose weight that you should NOT try
- Before Dhadak, here are some rare photos of Janhvi Kapoor
- Soorma box office collection day 5: Diljit Dosanjh starrer mints Rs 17.79 crore
- Jasprit Bumrah set to miss three England Tests: Report
- Neeraj Chopra strikes gold at French meet
- England were clinical in 3rd ODI, says captain Eoin Morgan
- US-China trade war to weigh on South Korean economy
- Iran builds new centrifuge rotor factory - nuclear chief
- Iraq online shutdown cost '$40m a day'
- BJP activists vandalise Shashi Tharoor's workplace, label it 'Hindu Pakistan' office
- Congress Women wing attacks Modi govt over women safety and empowerment
- Dairy farmers disrupt milk supply in Maharashtra, demand direct subsidy
This page was created in 0.0749380588531 seconds