IN A major development, Maharashtra Airport Development Company Limited (MADC) and Netherlands-based Keystonemab, on Sunday, entered into a significant industrial agreement at the ongoing Khasdar Audyogik Mahotsav Advantage Vidarbha to initiate a project worth Rs 200 crore in MIHAN-SEZ. In line with the vision of Union Minister Nitin Gadkari, the expo is being organised near the Administrative Building of Rashtrasant Tukadoji Maharaj Nagpur University. On the second day of this festival, amid discussions of the pharmaceutical sector, Keystonemab and MADC Limited officials signed this Memorandum of Understanding (MoU). Keystonemab has a diversified business interests ranging from pharmaceuticals to Artificial Intelligence (AI) Research. The company is all set to establish a state-of-the-art dose-form solutions manufacturing project in MIHAN, creating direct and indirect employment for at least 300 individuals. An annual revenue of Rs 300 crore is expected from the upcoming project.

 

The CEO of Keystonemab, Dr Tushar Satav, Chief Commercial Officer Dr Roland Meisel, and Retired Additional Collector Prakash Patil from MADC Limited signed the agreement in the presence of Union Minister Nitin Gadkari. Chairman of Association for Industrial Development (AID) Ashish Kale, and Secretary Dr Vijay Sharma were also present on this occasion. During this session of the pharmaceutical sector, other esteemed CEOs such as Dr Jitendra Sharma of AMTZ, Ravleen Khurana of Nitika Pharma, Dr Anwar Daud of ZIM Lab, Atul Mandlekar, Amit Kumar Sharma of Atram, and Alok Singh were present.