 1) What is Clinical Research?

 Clinical Research is a systematic study for new drugs in human subjects to generate data for discovering or
verifying the Clinical, Pharmacological or adverse effects with the objective of determining safety and
efficiency of the new drug.
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 What are the growth prospects of this industry?

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 Due to scientific and technological advancement, this industry has grown around the world at an
unparalleled rate in the past few years. It has opened up new vistas of employment for a large number
of people around the globe. The global pharmaceutical market is estimated at US$ 427 billion and
Research & Development cost is estimated at US$ 60-65 billion annually. Two thirds of this amount is
spent on Drug Development, ie, approximately US$ 45 billion.

 Who are the major players of this industry?

 The major players are- pharmaceutical and biopharmaceutical firms, contract research organization, drug
development and clinical trial consulting company, medical devices, clinical laboratories, government,
academia, medical research facilities,etc.

 What are the Career Prospects of this industry?

 If you have the right educational & training background to enter this industry, you can work as- Clinical
Research Investigator, Clinical Research Coordinator, Clinical Research Auditor, Clinical Research
Associate, Quality control Manager, Medical Writer Data Manager, Medical Affairs Manager, project
manager, etc.
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 What is the scope of clinical research in India?

 At present, the global off-shoring potential in life sciences and healthcare is about $220 billion, with an
annual growth rate of 8-10 per cent. Hence, this industry has a bright future in India