Testing Drugs in India

Testing Drugs in India

“Pharma outsourcing to India has the potential to pick up due to several distinct factors. In US, the time to get the drug to market has increased from 7.5 years in 1970s to 12.5 years in 1990s. This is less by as much as 30-40% if done in India. Moreover, administrative costs incurred by pharma companies in India are 30-50% lower than those in the West.” (via Instapundit)