What is the requirement of manpower and professionals in the country?
It is certain that in future as the number of clinical projects expands, there will be demand for qualified personnel. According to a McKinsey report, the global clinical trial outsourcing opportunity in India in the pharmaceutical industry is estimated to be around $2 billion by 2010 and there will be requirement of 50,000 clinical research professionals. Trained pharmacists and clinicians can plug this wide gap. They will be involved in the various aspects of clinical research starting from site-monitoring, site-management, clinical data management, data analysis, report writing, report submission, presentation and publication. In the field of clinical research, there is an imbalance between demand and supply with the scales tipping in favor of demand. Thus, pharmaceutical houses are hunting for trained professionals and are using bulk y pay packages to lure them.