Journal of Developing Drugs
Open Access
ISSN: 2329-6631
+44 1478 350008
ISSN: 2329-6631
+44 1478 350008
N Srinivas
Malla Reddy Institute of Pharmaceutical Sciences, India
Posters-Accepted Abstracts: J Develop Drugs
Today, the clinical trial industry in India is undergoing turmoil due to stringent regulatory scenario and is likely to face further decline because of delay/decreased clinical trial approvals. India was considered as one of the hubs for conducting major global trials and the business was projected to experience a boom across the country. According to the research firm Frost and Sullivan, the CTs business in India is estimated to be worth around USD 500 million, which projects that it will grow to USD 1 billion by 2016. This avoidable situation is the result of stringent regulatory amendments and the business projections of clinical trial sector are far reaching as it is experiencing huge losses in revenues. The schedule Y amendments in past few years were long overdue, very much needed and is much welcomed after years of welldocumented ethical lapses in good clinical practices of different kinds. The amendments have brought in several good changes such as requirement of EC/CRO registration, GCP Compliance and other related quality changes. Although the DCGI has brought stringent regulations creating a scenario similar or stricter than few regulated countries, there are still several lacunas which would have been avoided if done in consultation with the stakeholders such as sponsors, CROs, Academia, Ethics Committees, Regulators and public. There are several challenges that the sponsor companies are facing which are diverting them to conduct their trials in countries like China and Taiwan. These include issues of compensation for â??any injuryâ? during CTs due to failure of investigational product to provide the intended therapeutic effect and use of placebo in a placebo controlled trial. The contentious issues include medical coverage and compensation for any type of injury whether it is related or not and lack of clarity for how long and how much compensation need to be provided which will be decided by the regulatory authority and ECs on a case by case basis. The arbitrary time lines for reporting by investigators, sponsor, IEC which are much stricter than what is provided the international guidelines such as ICH-GCP. In fact, industry experts are of opinion that conducting trials in developed regions like US, European Union and Canada will be cheaper in the long run owing to the expertise and speedy clearances. There is an urgent requirement for readdressing some of the amendments to uphold scientific research and development that will be beneficial to society. This would help to bring back Indian clinical trial industry to the highest global ethical standards.
Email: nsap9042@gmail.com