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Delay in clinical trials approval affecting pharma sector

Launching a new drug in India, whether a completely new molecule or a generic one, has become a herculean task. The Supreme Court's recent dictat that the government review 157 clinical trials has delayed fresh approvals.

March 06, 2014 / 08:54 IST
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India's pharma sector, which has the potential to be one of the best in the world of innovation is nowhere in dispute but players say delays in approvals for clinical trials, which is crucial to launch a new drug in the market, is holding the industry back.

Launching a new drug in India, whether a completely new molecule or a generic one, has become a herculean task. The Supreme Court's recent dictat that the government review 157 clinical trials has delayed fresh approvals.

Story continues below Advertisement

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The resultant uncertainty in India's regulatory climate has seen many foreign drug-makers move their clinical trials out of the country. And now, even Indian companies - from biotech firms like Biocon, drug firm Piramal to generic players like Dr Reddy's and Sun Pharma, are following suit.