Conducting clinical trials in emerging markets with reduced expenses and a bigger pool of patient benefits sponsor pharmaceutical companies, and it is also beneficial for the local healthcare system and the economy of the developing country.
As per reports of clinicaltrials.gov, 1.4% of global clinical trials are done in India, while the country has 16% of the world’s population and carries 20% disease burden in the world. However, the number of clinical trials in India is expected to grow by 2018-19 as a result of regulations for clinical trials in India becoming more stable and predictable, according to Dr. Chirag Trivedi, President, Indian Society for Clinical Research (ISCR).