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    Contract Research Organizations

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    Description for "Contract Research Organizations"

    Operating Procedures (SOPs) are some of the positive aspects that has attracted CROs to set up base in India.
    The Indian government has made India, being the second most populated country in the world, is turning into a global clinical research and trial hub. India also accounts for one-fifth of the diseases globally. This patient pool has attracted Contract Research Organizations (CROs) to invest in India for clinical trials.
    Clinical research has always been a tradition associated with Western countries, with the maximum number of trials taking place in the United States. Pharmaceutical and biotechnology companies conducting clinical studies in these nations make huge investments to carry forward their drug development and production works, but are often bogged down by lack of resources such as patient pool. Developing countries like India are now offering opportunities to such companies in conducting clinical analysis for their products.
    Availability of a huge patient pool, skilled investigators and assisting staff in aplenty at reduced cost, compliance to Good Clinical Practices (GCPs), and networks of hospitals and institutions involved in trials, adhering to Standard changes in policy framework and regulatory guidelinespertaining to conducting clinical trials in the country, promoted complete foreign direct investment (FDI), investments in research and development (R&D) in collaboration or merger with Indian companies, and has relaxed laws governing patient compensation and drug patents. These laws have been made more favorable to drug manufacturers.
    The Indian National Regulatory Authority (NRA) has successfully completed a recent assessment conducted by WHO, obtaining the highest rating of four out of five parameters. This is another feather added to the cap and a welcome call for more CROs to conduct clinical research and trials in India.
    If you are looking at the manpower and expertise to help in planning your research in India, you may want to partner with an India-focused US-based research company

     
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