Q. What are the trends in India's clinical trials market?
The regulatory authorities have become stringent in enforcing safety and ethical standards in clinical trials. Sponsors and CROS are now investing more in quality control measures to ensure compliance with these standards. Digital technologies such as electronic data capture (EDC), e-consent, and telemedicine are being increasingly used in clinical trials in India. These technologies not only improve data accuracy and patient safety but also reduce costs and increase efficiency.
The COVID-19 pandemic has accelerated the adoption of decentralized trials in India. Sponsors and CROS are exploring innovative ways to conduct trials remotely, such as home-based monitoring and virtual site visits. There also is a growing trend towards the emergence of niche CROs in India that specialize in specific therapeutic areas. These CROS have knowledge and expertise in their respective areas and they aim at provide better value to sponsors.
Collaboration between academia, industry, and government is growing in India. There is a focus on developing strategic partnerships to drive innovation and bring new drugs to the market faster.
There is a growing focus on patient centricity. Companies are involving patients in the design of their trials, seeking feedback to ensure that their trials are conducted in a patient-friendly manner.
Q. What has been the impact of Covid-19?
The COVID-19 pandemic has had a significant impact on the clinical trials scenario in India. The pandemic has disrupted the conduct of clinical trials globally, including in India. Due to lockdowns and restrictions on travel, many clinical trial sites were temporarily closed, resulting in delays in ongoing trials.
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KIMSHEALTH launches electrophysiology lab with 3D mapping
'ENSITE X' is the first of its kind in Kerala and the third in India enabling precise identification, mapping, and targeting the abnormal electrical activities in the heart.
Molbio boosts Goa's healthcare system with CSR initiatives
The company has donated four state-of-the-art Advanced Life Support (ALS) ambulances and two hearse vans for National Highway emergencies
USV introduces affordable heart failure medication
This cost-effective option addresses the rising cases of heart failure in India, offering lifesaving care to millions of patients who need it the most.
City Imaging & Clinical Labs to expand services to 50 hospitals
The company is currently associated with 10 hospitals, providing comprehensive lab management services, including 24/7 in-house phlebotomy and lab testing.
Oncare raises $1 million in seed funding, to set up 10 units
Oncare has raised $1 million in a seed funding round led by Huddle Ventures. It plans to deploy the raised capital to expand its operations to 10 new centers.
Nutrabay forays into Ayurvedic supplements market with Shilajit
Nutrabay's aims at gaining market share from the existing ayurveda supplements market with a distinctive product proposition and education about the benefits of Shilajit.
INDIA'S PREPAREDNESS ON HEALTHCARE-ASSOCIATED INFECTIONS: A GROWING FOCUS ON PATIENT SAFETY
The country's diverse healthcare landscape necessitates a flexible and multifaceted approach to infection control that can be adapted to various settings and resource levels.
TRANSFORMING CARDIAC SURGERY: HOW AI IS REVOLUTIONIZING PATIENT CARE AND OUTCOMES
Dr. Swarup Swaraj Pal shared his insights on the current state and future prospects of AI in cardiac procedures.
BEYOND THE LAB: THE CRITICAL ROLE OF LOGISTICS IN INDIA'S PHARMACEUTICAL INDUSTRY
As India continues to expand its role in the global pharmaceutical market, the importance of a robust, reliable, and innovative logistics infrastructure cannot be overstated.
LIFESTYLE DISEASES IN CHILDREN: A WAKE-UP CALL FOR A HEALTHIER GENERATION
In today's fast-paced world, children face an unexpected enemy: lifestyle diseases. Conditions like obesity, Type 2 diabetes, and hypertension are now affecting our youth. What's causing this shift, and how can we combat it?