GVK forays into clinical trials with Chinese co
Hyderabad-based GVK Biosciences has tied up with Excel PharmaStudies, a Chinese clinical research organisation, to conduct clinical trials in Asia.
GVK Bio president Manni Kantipudi said: ���This is a first of a kind alliance between an Indian CRO and a Chinese CRO. The GVK Bio-Excel alliance integrates trial management across India and China and provides sponsors with a single point of contact.���
Any India trial for Excel will be carried out by the GVK Bio clinical research team and will be managed by a core project management team of Excel. Similarly, a GVK Bio China trial will be carried out by the Excel team and managed by GVK Bio project management team. Excel PharmaStudies CEO William Xiong said: ���It is an important step for Excel and our clients to be able to provide full services in both the important countries.���
The alliance provides clinical trial sponsors access to scientific skills, talent pool, flexible resourcing and cost-effectiveness in both India and China. India has sponsor-friendly regulations and strength in phase two and three clinical trials, while China enjoys advantages in phase three trials and phase four studies.
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