Pharmaceutical Outsourcing Landscape in India

October 25, 2006 (PRLEAP.COM) Health News
Zinnov presents an in-depth analysis of outsourcing activities by Pharmaceutical industry in India showcasing the key trends, major players and the opportunities.

In the study titled “Pharmaceutical Outsourcing Landscape in India”, Zinnov analyzes the R&D, IT and BPO outsourcing activities of the major pharmaceutical players and services providers in India.

Key Findings:
- Research (Lead Identification) is generally not outsourced and Discovery (Lead Generation and Optimization) outsourcing is evolving in India
- India scores very high on Clinical Data Management and Site Management Outsourcing.
- The costs of clinical trials in R&D can be reduced by 35-50% by using CRO’s in India.
- Bangalore, Hyderabad and Mumbai have emerged as the hubs for Pharmaceutical activities.
- CRO market in India has been growing at a fast pace since 2001 and is expected to cross a billion mark by 2010
- Besides doing in-house Offshore R&D in India, many leading companies are also outsourcing R&D, Manufacturing and IT services.

“Outsourcing of R&D, IT and Manufacturing by pharmaceutical companies started in late 1990s, offshoring moves by world’s leading companies speak volumes about the R&D opportunity in India” said Kirti Saboo, Associate Consultant for Zinnov.

“Since Clinical Development, Discovery and Non-Clinical services account for almost 85% of the R&D budget, offshoring and outsourcing makes a big impact on the R&D budget” said Pari Natarajan, CEO of Zinnov

“Pharmaceutical Outsourcing Landscape in India” is an in-depth study on the offshoring activities of major pharmaceutical companies as well as services providers in India. The study also provides the insights into the Drug Discovery and Development process, key parts of the R&D process offshored and the overview of key services providers in India

Access this free report at http://www.zinnov.com/presentation/Pharmaceutical_Outsourcing_Overview.pdf

About Zinnov
Zinnov is a leading research and consulting firm assisting companies in their knowledge services and globalization consulting. Zinnov helps clients in reducing the time, money and risks involved in organizational initiatives using combination of consulting and knowledge solutions delivered by global teams

Zinnov clients include Fortune 1000 companies and reputed SMB across business domains.

For additional information, visit www.zinnov.com