WHITEPAPER
EMERGING CLINICAL RESEARCH OPPORTUNITIES IN INDIA: A NEW SOURCE OF PATIENTS FOR COMPETITIVE CLINICAL TRIALS EMERGING CLINICAL RESEARCH OPPORTUNITIES IN INDIA: WHITEPAPER A NEW SOURCE OF PATIENTS FOR COMPETITIVE CLINICAL TRIALS
Given India’s past regulatory environment, biopharma The Emerging Clinical Research companies have been reticent to conduct clinical Opportunities in India trials in this country over the last few years. That is A vast population and growing economy changing, however. With its vast population, growing economy, major disease burdens, improved regulatory India’s population of more than 1.3 billion people, 2 environment, and strong research infrastructure, or 17.75% of the total world population, is growing. the Indian market is now emerging as an ideal According to UN estimates, it is expected to overtake destination for clinical research. An especially China’s by 2025 to become the world’s most populous 3 important fact for sponsors seeking a less competitive nation. According to the 2011 Census data, India landscape for study candidates is that only 1.4% is home to 104 million elderly people (aged 60 years of all global trials are currently conducted in India.1 and above), 53 million women and 51 million men. However, the opportunities do not come without It is also a well-educated population with a workforce challenges. A successful entree into this market is that has better English language skills than many best accomplished by using partners with extensive Eastern European markets. There are more university country, state and local experience. This includes graduates with degrees in India than there are people a provider dedicated to the recruitment of patients in South Africa or Poland. and sites for clinical trials in India. This significant population makes India the world’s third largest economy in purchasing power parity terms. The Search for Hard-to-Find Clinical Its recent economic growth (7.0% GDP) has been Trial Patients a significant achievement, driving rapid urbanization and an increasingly large new middle-class.4 For sponsors of clinical trials in highly competitive therapeutic areas, such as Inflammatory Bowel and Cardiovascular Disease, finding enough study subjects in the United States and Western Europe has become a major challenge. When multiple companies are researching similar compounds, + the number of patients in active research sites 1,300,000,000 PEOPLE is limited, there are not enough investigators, and/or existing research sites are full, the result is a backlog of trials and high costs for recruited patients. In order to accelerate research and 17.75% development in crowded therapeutic areas, sponsors OF TOTAL WORLD POPULATION need to find new sources of patients. 7.0% GDP
16.28% CAGR IN HEALTHCARE SECTOR
2 EMERGING CLINICAL RESEARCH OPPORTUNITIES IN INDIA: WHITEPAPER A NEW SOURCE OF PATIENTS FOR COMPETITIVE CLINICAL TRIALS
A rapidly growing healthcare industry Once known as exporters of bulk Active Specifically, healthcare has become one of India’s Pharmaceutical Ingredients (APIs), Indian generic largest sectors, both in terms of revenue and drug makers have managed to gain a foothold in employment. During 2008-2022, the market is regulated markets such as the U.S. and Europe. expected to record a Compound Annual Growth Rate (CAGR) of 16.28%, with the total industry size expected to reach $372 billion by 2022.5 3 27 25 ______ 2 4 372 5 35 ______ 5 4 3 ______2 25 ______4 6 2 4 2 4 2 ______ 6 generic dosages by volume in annualized growth rate of total sales 5 ______the U.S. that are manufactured for Indian generic drug companies 4 ______ by Indian companies from 2004 to 2014 6 6 73 5 ______45 52