Another MNC that has decided to augment its activities here after setting up its regional headquarters is Siemens Medical Solutions. The global healthcare equipment supplier aims to establish more high-end, knowledge-intensive activities here. It is keen to forge collaborations with local hospitals and research institutions. Its regional headquarter here offers technical, logistics and financial support to the Asia-Pacific. The company also operates a regional spare parts centre here.

This growing base of international pharmaceutical and biotechnology companies in itself will draw more pharmaceutical and medical technologies to Singapore's shores.