That was just a joke... But drug testing is getting big in India; serious!!!
This is in sharp contrast to 28 days in Canada, Europe, UK and many other countries), inappropriate protection of clinical data, and lack of Good Clinical Practice (GCP) certified sites and investigators. Bio-analytical work is also another profitable technological process where Indian skill base is low. There is a need of bio-analytical scientists in order to fill this need.
Global drug companies are seeking a suitable destination within the country to conduct clinical research as India has the second largest pool of qualified doctors, next only to US. [Even in US, one out of every six doctors is an Indian.]Moreover, these companies want to exploit the cost advantage for all the margin expenses associated with clinical trials and patient monitoring such as CT scans, blood tests, X-rays and other similar basic medical tests which are cheaper in India as compared to US and Europe.
This is in sharp contrast to 28 days in Canada, Europe, UK and many other countries), inappropriate protection of clinical data, and lack of Good Clinical Practice (GCP) certified sites and investigators. Bio-analytical work is also another profitable technological process where Indian skill base is low. There is a need of bio-analytical scientists in order to fill this need.
Global drug companies are seeking a suitable destination within the country to conduct clinical research as India has the second largest pool of qualified doctors, next only to US. [Even in US, one out of every six doctors is an Indian.]Moreover, these companies want to exploit the cost advantage for all the margin expenses associated with clinical trials and patient monitoring such as CT scans, blood tests, X-rays and other similar basic medical tests which are cheaper in India as compared to US and Europe.
Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).
and Arindam Chaudhuri (Renowned Management Guru and Economist).
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