Trends

Clinical trials often conducted overseas to accelerate drug development

Published in Biotech Business Week, January 10th, 2005

Pharmaceutical companies are conducting more clinical trials overseas where it is easier to find patient volunteers and costs are as much as 50-60% lower than trials run in the U.S.

According to a recent report, "Accelerating Clinical Trials: Budgets, Patient Recruitment and Productivity," published by pharmaceutical business intelligence firm Cutting Edge Information, drug companies are ramping up trials in India, China, Brazil, and Eastern Europe.

Not only do these countries offer physician and patient populations eager to participate in the clinical testing process, their standards of medicine are on the rise and their regulatory practices are...

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Source: Biotech Business Week (2005-01-10)

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