About Institute of Clinical Research India 

The Indian Pharmaceutical sector is one of the most booming industries globally and in the domestic market. With an annual turnover of Rs. 1.4 lakh crore (US$ 20.03 billion) in 2019, the Indian pharmaceutical market supplies around 50% of the global demand for various vaccines, 40% of the generic demand for the US, and 25% of all medicines for the UK. India occupies the second-largest share of the pharmaceutical and biotech workforce in the world. It also ranks third worldwide for pharmaceutical production by volume and 14th by value. The country has a well-established domestic pharmaceutical market, with a robust network of 3,000 drug companies and 10,500 manufacturing units.

The backbone of an industry is the Research and Development (R&D), as investment and efforts in R&D boost the efficiency, enabling the companies to become a leading partner in the competitive market. Thus, working in pharmaceuticals and paramedical healthcare sciences can help you get involved in one of the country’s most dynamic industries. This includes the sub-specialty, Clinical Research. The domain of clinical research plays a pivotal role in introducing new medicines to cure various illnesses and determines the effectiveness and safety of medications, medical equipment, and diagnostic products before they are released in the mainstream pharmaceutical market. With India becoming one of the most preferred countries for clinical trials among all Asian nations, a career in clinical research can promise a lucrative job in the country and abroad.

Information compiled from: Institute of Clinical Research India Website