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Industry Insight Clinical Trials in India
CYGNUS Business Consulting & Research, May 2007, Pages: 269
Indian clinical trials market in 2006 was US$ 140m and is growing at a CAGR of 40% for the last 3 years. India is fast emerging as a favoured destination for clinical trials outsourcing, in view of the country’s advantages like large pool of patients, faster patient recruitment, well trained English speaking Physicians and IPR protection, besides lower costs.
Over 100 pharmaceutical companies, including Fortune 100 companies such as Pfizer and Merck, are currently outsourcing clinical trials in the country. Also, there is an increased awareness regarding ICH–GCP (International Conference on Harmonisation-Good Clinical Practice) guidelines for conduct of clinical research. Besides, India’s inherent advantage in IT skills helped in outsourcing of high-end activities like data management. All these advantages will drive the growth of Clinical Trial Outsourcing industry to scale up to US$ 600m by 2010.
- This report discusses in detail the nature of the Indian clinical trials market, its size, costs incurred and Indian advantages and future outlook for the industry.
- The report also examines overview of the Indian clinical trials market scenario and is compared with the global industry size.
- This report also analyses the critical success factors driving the industry and issues relating to infrastructure constraints and technical expertise.
- This report profiles thirty two major Indian companies covering aspects like services offered, key people, clinical phases and financials for the last two years.
- Issues Relating to Government regulations, governing clinical trials, along with details on Good Clinical Practices and ICH Regulations have been covered
- The report talks about future outlook, outsourcing opportunities, industry dynamics and also growth and change in the industry.
The report will be useful to:
- Contract Research Organizations.
- Pharmaceutical companies
- Banks & financial companies
- Investors
- The pharmaceutical educational institutes
- Government departments,
- Research bodies,
- Industry experts,
- Associations & consortia
- Consulting organizations
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