ProRelix Lifesciences Pvt. Ltd has signed a MOU with the Life Sciences Sector Skill Development Council on 7th Feb 2017 to develop and strengthen skills in Life Sciences Sector in Maharashtra, a major cluster of Life Sciences industry. This should boost skilling activity in Pune, India by ProRelix Lifesciences in coordination with LSSSDC.
India has always been a hot destination to conduct clinical trials. Many key factors of doing clinical research in India, make it a worthy place. It’s very logical for sponsors who are interested in selling their products to India’s 1.25 billion population, where demand for new medicines is increasing considerably. Approximately 17% of the world’s population and 20% of the global disease burden is in India.
There is an opportunity to recruit from a huge patient pool who may be eager to participate in trials that would give them access to life saving drugs. Availability of infrastructure and skilled young manpower, English speaking and trained talent pool to manage clinical trials, and all this at a lower cost. In recent time the licensing authority of India (CDSCO) has taken steps to fast track approvals for clinical trials and has also given more freedom and responsibilities to Ethics Committees.
These key factors to conduct clinical trials in India give sponsors an opportunity of a competitive advantage of cost effective trials with access to huge patient population, expertise and ready infrastructure.
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