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Huge population of approx 1.2 billion providing a wide ranges of indications and satisfactory figure for any clinical trial sample size |
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Inherent advantages like ethnically diverse and a large pool of treatment naïve patient population |
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700,000 specialty hospital beds |
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221 medical colleges |
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Highly skilled English-speaking and well trained medical personnel |
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Rapid patient recruitment and timely completion of projects. |
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The relative cost savings for 30%-50% |
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It is predicted that Indian Clinical Trials market revenue would grow more than $1 billion and India will be conducting more than 18 percent of total global clinical trials by 2012. |
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Government’s initiative to regulate CROs, investigators and pharmaceutical companies directly and acceptance of the International Conference on Harmonization (ICH) guideline for good clinical practices |
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Comprehensive source data storage, in English, by almost all hospitals/ medical or research centers |