Released on = December 3, 2006, 9:49 pm

Press Release Author = RNCOS

Industry = Pharmaceuticals

Press Release Summary = India is now the leader in contract research in
pharmaceuticals. The value of this industry was valued above US$ 110 Million in the
year 2005, and is increasing continuingly at a rate of about 25% every year.

Press Release Body = In its move towards cashing in on the need and increasing
interest of pharma industry for conducting clinical research in India, DBT
(Department of Biotechnology) in New Delhi announced to establish several clinical
research training centers throughout the country.

Currently, India is ranked number one in contract research in pharma industry. As
per Chemical Pharmaceutical Generic Association’s recent report, contract
research in the country was valued between US$100 Million and US$120 Million in the
year 2005, representing a growth rate of about 25% year on year. Italy follows next
at about US$60 Million-US$70 Million. The third competitor in Asia is China, which
accounts for nearly US$23 Million-US$28 Million in this business.

According to studies conducted by various International Bodies, cost saving for an
MNC (multinational company) moving Research & Development to India is currently
around 30-50 percent. Many factors like lower wages, infrastructure e.g. equipment &
IT support, and an abundant supply of treatment naive patients can remarkably
accelerate clinical-trial patient recruitment times.

A Research Analyst at RNCOS, who has recently researched a report namely
“World Pharmaceutical Market (2007) \", said that Pharmaceutical
products’ demand is increasing day after day and by conducting clinical
research and further enhancing the product quality India will maintain a strong
market of pharma products in world.

The research report on “World Pharmaceutical Market (2007)\" also addresses the
issues and facts that are critical to the success of Pharmaceutical industry on a
Global level.

- The emerging trends in the Global Pharmaceutical sector.
- The Key players in the Pharmaceutical market.
- Get insight into trends in market performance.
- Pinpoint growth sectors and identify factors driving change.
- Identify market and brand leaders and understand the competitive environment.
- Key Challenges and Strategies.

It further provides an extensive overview of Pharmaceutical industry on a worldwide
level. The report provides authentic past and current performance data for the
Pharmaceutical industry. It also looks closely at the various issues relevant to the
Pharmaceutical industry.

About RNCOS:

RNCOS, incorporated in 2002, provides Market Research Reports for your business
needs and aims to put an end to your information pursuit. Our expertise in gathering
global business information for industry research, corporate training, growth
consulting, and business consulting, brings reputed companies and firms to us for
business enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.

For more information visit: http://www.rncos.com/Report/IM085.htm

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