Singapore, June 27, 2008: Hyderabad, India-based Satyam Computer Services, a leading global consulting and information technology services provider, has formed an alliance with Sciformix Corporation, a US-based, life science Knowledge Process Outsourcing (KPO) company, to deliver end-to-end data management services in "Pharmacovigilance."

 

The partnership addresses the worldwide increase in focus on drug safety, which is leading to increased volumes of adverse events being reported to the regulatory authorities. Satyam and Sciformix will collaborate to enable pharmaceutical and biotechnology companies to better monitor the safety of the products they market by offering services across the safety management spectrum, ranging from case intake to international regulatory reporting. The alliance also enables the organizations to offer these services in a way that is both cost-efficient and scalable, via a proven global delivery model.

 

Additionally, the alliance leverages Sciformix's in-depth understanding of the pharmaceutical and life sciences domain with Satyam's proven drug safety Business Process Outsourcing (BPO) capabilities. It will provide services to a wide range of clients in the pharmaceutical, biotechnology and life sciences industries.

 

Mr Kishore Rachapudi, Satyam's global head of life sciences said, "We will leverage our extensive experience managing large-scale IT and BPO solutions and work with Sciformix to offer a scalable platform for delivery of drug safety services. At the same time, we reaffirm our commitment to providing the widest range of services through the most advanced global delivery models available."

 

Several high-profile withdrawals of popular drugs from the marketplace have also made this partnership more important. The withdrawals have pharmaceutical companies looking for ways to manage risk and taking a more proactive approach toward collection and assessment of drug safety information.

 

"These are some of the most important reasons we have formed this partnership. Satyam brings years of experience delivering outsourced services to global customers. Its large-scale global delivery services capacity and experience in the life sciences industry, along with Sciformix's deep domain expertise, offer global pharmaceutical, biotechnology and life sciences companies a unique alliance for delivery of high-quality services," said Dinesh Thakur, president and Chief Executive Officer, Sciformix.