Friday, September 6, 2013

Clinical Trials Articles

BRIC Countries Contribute to Research Contract research organizations (CROs) are working closely with pharmaceutical companies to determine where to conduct global clinical development programs. Market growth, greater regulatory requirements, increased cost pressures, and significant patient recruitment and site selection challenges have led pharmaceutical companies and CROs to make larger investments in four countries: Brazil, Russia, India, and China (BRIC). The BRIC countries, comprise more than 40 percent of the global population. China is now the world's third-largest pharmaceutical market, and from 2006-2009, Brazil, Russia, and India had more industry sponsored Phase II-IV trials than any other emerging country. Each of these countries represents a shift in global economic expansion away from developed countries to countries with newly advancing economies. As biopharmaceutical companies continue to expand their drug discovery, development, and commercial programs, BRIC countries will continue to be given consideration as potential areas to conduct global trials.

Journal: Applied Clinical Trials, Nov 1, 2011

Journal:
Applied Clinical Trials, Oct 1, 2011

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