Tata Consultancy Services (TCS), the country’s largest IT services firm, is exploring more avenues in the life sciences and healthcare space as demand from clients gains momentum.

Merger and acquisition activity within the pharmaceutical and medical device industries will likely increasingly be impacted by an uptick in the enforcement of the Foreign Corrupt Practices Act (FCPA), attorneys told Pharmaquest.biz

According to the report´s Asia Pacific Pharmaceuticals & Healthcare Business Environment Ranking table for Q109, Hong Kongs pharmaceutical market remains viewed as the sixth-most attractive in the region, on a par with Taiwan. Over our five-year forecast period, the report expects Hong Kong to be overtaken by countries like India, as they start to fulfil their potential.

Hyderabad based MedPlus Healthcare Services, the chain of full service pharmacies, is gearing up to stretch out its clinical arm, the Integrated Health Centres, across the country. This is further to its expansion plan of pharmacy chain with 10,000 outlets in next five years.