Planet Outsourcing

Clinical research outsourcing is gaining steam but certainly not in India as it is suffering here due to infrastructure bottlenecks, lack of awareness and skilled people. This seems to be stunting the growth of clinical research outsourcing in India....

A number of big pharmaceutical industries are now turning to the Indian sub continent for testing drugs. Clinical research outsourcing or CRO is a nascent industry valued at around $118 million and it is expected that it would reach the figures of $380.

With product patents being recognized in India since 2005, Indian companies have emerged as the preferred choice for outsourcing basic drug discovery. It has emerged as a profitable spot for outsourcing clinical research activities probably because of...