A Newer version of Cyberabad Times is now available.

Evolva Biotech opens research center

Swiss company Evolva Biotech SA has opened a office in Hyderabad for molecular biology research operations in India. Evolva’s India operations became a reality after the firm received $2.5 million funds in the final round of it’s a-round from the Andhra Pradesh Industrial Development Corporation Venture Capital (APIDC-VC), a government of Andhra Pradesh undertaking with smaller participation from existing investors.

However it was not clear whether the molecular biology research operation would be based in Hyderabad or Goa.