Go

Breaking News on Contract Research, Manufacturing & Clinical Trials

All feeds

Headlines > Clinical Development

Text size Print Email this page

News in brief

Biotech may turn to Indian for clinical trials

25-Nov-2008

Related topics: Clinical Development

The Indian clinical trials market is predicted to continue its growth despite the current financial climate, according to a partner at Ernst & Young India’s Healthsciences Practice.

Ajit Mahadevan told The Economic Times of India that credit restrictions will see biotechs increasingly turn to India. This will help drive growth from its current $200m a year, to the $600m that KPMG predicted it would reach by 2010.