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Now, pharma MNCs plan to set up software bases
By siliconindia
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Friday, 09 April 2004, 19:30 IST
MUMBAI: MNC pharma companies are waking up to the potential of using India as a base for software development. Novartis and Pfizer are said to be looking at captive centres at their Indian subsidiaries for software development.
Most of these companies are looking at developing and enhancing specific software applications developed in-house. Pharma major Novartis is planning to set up a software development unit in India . The company has already started a software development cell, which is doing projects on a pilot basis and this will be scaled up in the near future.
According to a senior company official, the unit will be involved in a lot of infotech processing related to drug development. Novartis is among the many companies that are looking at outsourcing IT-related work to India where it can be done cost-effectively, the official said.
The setting up of the software development unit is the second non-core initiative that Novartis Pharma, the parent company, is doing out of India . In 02, Novartis Pharma set up the Novartis International Clinical Development Centre India (NICCI) in Mumbai.