Clinical Research is an indispensable part of drug discovery process to ensure the safety and efficacy of a new drug. India is fast
emerging as a preferred destination for the conduct of global clinical trials and is expected to conduct nearly 5% of all trials in
next 5 years. This has led to an exponential growth in clinical research field and it is evolving as a preferred career option for
the students of medicine and alternative medicine streams.
Today, India provides a favorable environment for the conduct of global clinical trials as there is an inherent advantage of cost,
speed and quality. The value for clinical trials outsourced to India is soaring high and is expected to reach US$2 billion by the
year 2012. With nearly 50-60% cost saving associated with conducting clinical trials in India, large number of foreign and
private pharmaceutical, biotechnology and contract research organizations are expanding their operations to Indian shores.
India clearly provides an opportunity in terms of:
l Availability of large pool of treatment naïve patients,
l Availability of highly educated and trained manpower,
l Existence of a wide spectrum of diseases,
l Lower cost of operations,
l Favorable economic and IP environment etc.
The overall time and cost advantage in bringing a drug to the market by leveraging India could be as high as 200 million US$.
Being a sunrise industry it is offering exciting career avenues as well as an accelerated growth path to medical students and
more number of personnel after BAMS/BHMS are opting it as a preferred career option. While only a handful can qualify for
PG due to limited number of seats, majority of them are left with no option except for joining the conventional career option
of becoming a medical officer or going for private practice. Now, they can explore clinical research as a new career option
thereby enhancing the overall employability. Whatever career option one would opt after BAMS/BHMS it is important to
visualize the professional growth after 5 years or 1