According to Grand View Research’s recent study, the global healthcare CRO market is growing at a CAGR of 6.6% each year. This market is projected to be valued at $54.7 billion by 2025.
In order to improve their operational workflow and even reduce overheads and other costs, many drug discovery companies and contract research organisations have shifted base to India. In fact, it is estimated that the cost of running a clinical trial is 40-70% less than the cost of running the same trial in the EU/US.
With lifestyle diseases on the rise, and new viruses mutating and causing pandemics, it is important for pharmaceutical agencies to ensure that the time taken to research, develop and market a new drug is cut down significantly.
In order to do so, you must partner up with the top contract research organisations in India, as they are most likely to ensure accurate data with very few human errors.
Keep reading to know which contract research organisations in India are considered to be the top ones.
The Best Contract Research Organisations in India:
1. Jubilant Biosys
Known as one of the most renowned contract research organisations in India, Jubilant Biosys has a strong focus on oncology, central nervous system (CNS) diseases, metabolic disorders, pain and inflammation. The company’s expertise lies in discovery informatics, medicinal chemistry, structural biology services, computational chemistry, in-vivo, in-vitro models, and even translational sciences.
If you’re looking for a mid-size company that can give your project the attention it deserves, then CliniRX might be the right CRO for you. This CRO is basically a full-service company that specialises in Phase-II, III and late Phase (Phase IV) studies that are spread across different therapeutic areas and specialties.
3. Innovate Research
If you’re looking for a CRO that can meet multiple needs, then this might be right up your alley. Innovate Research offers a range of services spanning from project management, data management, biostatistics, study monitoring, investigator management & global safety, patient recruitment, pharmacovigilance and site.
Additionally, it boasts of having a vast expertise in various therapeutic areas.
4. SIRO Clinpharm
This CRO is considered to be an industry pioneer. Its expertise lies in different industries such as FMCG, pharmaceutical, and medical device industry. The company offers a broad array of services such as data analytics, clinical operations, and medical writing that is strictly carried out in compliance with international standards.
5. Clinical Research Network
Clinical Research Network is basically a nationwide community that is made of expert researchers, experienced clinicians, and clinical research sites. The aim of this company is to make sure that it can offer an infrastructure that can help with high quality clinical research and studies.
The company believes that doing so can help enhance and fasten the development of life-saving drugs and devices.
6. Ardent Clinical Research Services
Ardent Clinical Research Services has a very vast investigator database. Additionally, the company boasts of technical expertise and this spans across different areas of therapeutic research. Ardent Clinical Research Services aims to help with better and cost-effective trials, great clinical support and faster patient recruitment.
These are some of the top contract research organisations in India that you should look up to when it comes to new research and innovations in medicine and pharma industry.
Wayne Probert is a senior reporter at Zobuz, covering state and national politics, and he is a grantee with the Pulitzer Center on Crisis Reporting. Before joining Zobuz, he worked as a freelance journalist in Kentucky, having been published by dozens of outlets including NPR, the Center for Media.