Agility India opens Life Sciences Center in Hyderabad
EBITDA grew 31.2 percent to KD48.6 million, and revenue increased 3.2 percent to KD396.3 million.
Feb 06, 2017: Agility has opened the first temperature-controlled life sciences storage and handling facility in the Hyderabad Airport Zone. Agility’s 6,000-square-foot Life Sciences Excellence Center (LSEC) at Rajiv Gandhi International Airport is strategically placed to serve pharma manufacturers in Hyderabad, Goa, Pune, Vishakhapatnam and Bengaluru. The centre will provide conditioning, preparation and storage of pharmaceutical goods and operate as a control tower for Agility life sciences customers in India.
Detlev Janik, CEO, Agility South Asia, said, “Life sciences is one of the cornerstones of the Indian economy with exports expected to grow an astonishing 60 per cent in 2017. This new center will help fast-growing Indian life sciences companies meet the rising global demand for their products.”
The center will operate as the primary warehouse for solutions from va-Q-tec, an advanced passive packaging company specialising in high-end, secured cold chain products. va-Q-tec’s containers and boxes keep the required temperature for five days or longer without any external energy supply. The LSEC will house va-Q-tec’s inventory, perform quality checks, conditioning and preparation of containers, and box packaging for va-Q-tec’s products before the release of packaging for customers.
“Our partnership with Agility is a further example of how va-Q-tec develops and provides transportation systems with accompanying services for life sciences logistics. The cooperation will further strengthen va-Q-tec’s footprint in India, one of the fastest growing pharma exporters,” said va-Q-tec CEO Dr. Joachim Kuhn.
