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A Sneak Peek Into the Flourishing Outsourced Drug Trials in India


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There’s clearly a conspicuous notion of double standards in research ethics. There’s the top-tier and more restricted standards in more developed countries, apparently designed to protect citizens, and the lowly, lenient standards in developing country, to which India is battling with.
Over the past decade, the big pharmaceutical companies have moved their clinical testings abroad. Among all others, India has become a choice destination a goldmine for their operations.
A majority of the research on new drugs is carried out in the more developed countries (MDC). However, according to a recent study by Rabo India Finance, a subsidiary of Rabobank of the Netherlands, there is a 50-60 percent estimated cost of savings if the trials are held in developing countries. The contract research market is worth an estimated $10 billion while the international clinical trial business is worth a whopping $40 billion. ....

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