25 Oct. 2010
WILMINGTON, N.C., (October 25, 2010) - PPD, Inc. (Nasdaq: PPDI) today announced it has established an agreement with the Himalayan Institute and Hospital Trust (HIHT University), a large teaching hospital in northern India, to create a large investigator site to expand its network of highly qualified investigators in a region that has become increasingly important for conducting global clinical trials.
The agreement will provide biopharmaceutical companies access to large patient populations and a group of investigators who can manage clinical trials in accordance with ICH/GCP guidelines, considerations for establishing an investigator, or partner, site. The site will reduce time to approval, promote quality research and create greater cost efficiencies in drug development.
The university has a 750-bed, multispecialty tertiary care hospital that offers both undergraduate and postgraduate courses in medicine. The outpatient department treats approximately 1,500 patients daily with an average inpatient occupancy of 86 percent. The hospital provides care in the areas of oncology, cardiology, respiratory, dermatology, nephrology, neurology, urology, orthopedics, plastic surgery, pediatrics, anesthesiology, obstetrics and gynecology, ophthalmology, psychiatry and otolaryngology. It is the largest postgraduate institute in the northern state of Uttarakhand.
"India's large patient population makes it an important country for us to continue to expand our investigative sites," said Simon Britton, PPD's vice president of clinical development for Asia Pacific. "Expanding our access to highly trained investigators provides our clients a strong advantage for conducting clinical trials in a region that is seeing strong growth for clinical research and development."
Shri Vijay Dhasmana, vice chancellor of HIHT University, added, "The collaboration between PPD and HIHT will help bring more global clinical research into this region. Our faculty will have an opportunity to participate in cutting-edge global research, and patients will benefit by having access to the latest available therapies."
PPD will develop the site by providing infrastructure support and exclusive training for site staff and estimates that partner sites could account for a significant percentage of sites and patients for any given study.
According to PricewaterhouseCoopers, clinical trials in India are expected to grow at 25-30 percent annually. Locating clinical trials in India can potentially reduce patient enrollment time by as much as 30 percent.
PPD has a large presence in India with offices in Mumbai, Bangalore and New Delhi and more than 1,400 employees throughout Asia Pacific.