Article Categories
» Arts & Entertainment
» Automotive
» Business
» Careers & Jobs
» Education & Reference
» Finance
» Food & Drink
» Health & Fitness
» Home & Family
» Internet & Online Businesses
» Miscellaneous
» Self Improvement
» Shopping
» Society & News
» Sports & Recreation
» Technology
» Travel & Leisure
» Writing & Speaking

  Listed Article

  Category: Articles » Health & Fitness » Article

India Ramps Up Biotech Funding

By James Marriot

In its move towards cashing in on the need and increasing interest of pharma industry for conducting clinical research in India, DBT (Department of Biotechnology) in New Delhi announced to establish several clinical research training centers throughout the country.

Currently, India is ranked number one in contract research in pharma industry. As per Chemical Pharmaceutical Generic Association's recent report, contract research in the country was valued between US$100 Million and US$120 Million in the year 2005, representing a growth rate of about 25% year on year. Italy follows next at about US$60 Million-US$70 Million. The third competitor in Asia is China, which accounts for nearly US$23 Million-US$28 Million in this business.

According to studies conducted by various International Bodies, cost saving for an MNC (multinational company) moving Research & Development to India is currently around 30-50 percent. Many factors like lower wages, infrastructure e.g. equipment & IT support, and an abundant supply of treatment naive patients can remarkably accelerate clinical-trial patient recruitment times.

A Research Analyst at RNCOS, who has recently researched a report namely "Pharmaceutical Sector Worldwide (2006)", said that Pharmaceutical products' demand is increasing day after day and by conducting clinical research and further enhancing the product quality India will maintain a strong market of pharma products in world.

The research report on "Pharmaceutical Sector Worldwide (2006)" also addresses the issues and facts that are critical to the success of Pharmaceutical industry on a Global level.

The emerging trends in the Global Pharmaceutical sector.

The Key players in the Pharmaceutical market.
Get insight into trends in market performance.
Pinpoint growth sectors and identify factors driving change.
Identify market and brand leaders and understand the competitive environment.
Key Challenges and Strategies.

It further provides an extensive overview of Pharmaceutical industry on a worldwide level. The report provides authentic past and current performance data for the Pharmaceutical industry. It also looks closely at the various issues relevant to the Pharmaceutical industry.

For more information visit:
Current Industry News:
About the Author
We provide global business information for industry research, business consulting, & bring reputed companies and firms to us for business enhancement solutions.

Article Source:
If you wish to add the above article to your website or newsletters then please include the "Article Source:" as shown above and make it hyperlinked.

  Some other articles by James Marriot
Russian Automotive Industry: Boom Or Bust?
Moscow recently hosted the 15th International Automotive Conference, which discussed the main developmental trends in the Russian automobile market. It is estimated that Russia's auto market volume will rise to about $30 billion. ...

Addressing A Shortage Of Hotel Rooms, Not People
As Indian economy is booming, the tourism industry is also growing and so is the number of hotel rooms. Overseas visitors are flooding the ...

Fuel Cell Cars Approved For Zero-Emission Push
Environmental Protection Agency (EPA) makes it easy for the auto manufacturers to meet the target of zero-emission by vehicles. On Dec 23, 2006, officials of EPA (Environmental ...

Rising Use Of Biofuel May Drag Crude Prices Below US$ 40 Per Barrel
In New York prices of crude oil are expected to slide to US$ 40 per barrel, with rising supplies of biofuel shaving demand growth ...

Japan Anticipates Indonesia Will Extend Its Gas Contract Soon
During his Japan visit in November 2006, President Susilo Bambang Yudhoyono gave indications about Indonesia's willingness to extend its gas contract that'll expire in 2011 with Japan. "We're expectant that Indonesia will ...

Passport Cards To Go Hi-Tech In United States
Fire has been drawn from some quarters as the US govt. plans to use RFID (Radio Frequency Identification) chips in the proposed program of passport cards for U.S. citizens. These ID cards will be mandatory ...

  Recent Articles
The Importance of Foods to fight Cold Sores
by Robert H Black

The Benefits of Cleansing Your Body
by Dr. Robert Fleishmann

3 Smart Ways to Live Longer
by David Daniel

Your Great Goal in Life A Healthy and Fit YOU
by Ismael D. Tabije

Building Up Strong and Shapely Legs
by Ismael D. Tabije

Enhance Your Health through Internal Cleanliness
by Ismael D. Tabije

Hair extension pictures will show you the wonders of hair extension
by Anne foster

Exercises for Sagging Facial Muscles and Hollow Cheeks
by Ismael D. Tabije

Pushing the Limits of One's Life: Be Fit Up to 100 Years
by Ismael D. Tabije

Make bulk purchase of Essential oil with a wholesaler
by Cindy Boswell

Essential Oil Manufacturer Get Great Prices Of Oil You Want
by Cindy Boswell

Understand Your Pet's Hypertension
by Javier Fuller