Ranbaxy's Fortis to open health stores

Some news on the health and pharma sector. The Ranbaxy Group will be opening approximately 1,000 Fortis health stores across the country over the next five years, using an investment of Rs 800 crore. The stores will be called Fortis HealthWorld, and will run as 24hr health pharmacies and stores. These HealthWorld stores will provide information on all health related products and services, including prescription medicines and over the counter drugs, allopathic and aurvedic medicines, health foods and much more. The pharma retail sector has been attracting a lot of attention lately, with several of the large retail companies planning to set up pharma chains across India.