The Indian pharmaceutical industry is evolving rapidly. R&D spending, by pharmaceutical companies, has increased substantially. Pharmaceutical companies, including manufacturers of generic drugs, have started moving towards complex, biosimilar, and specialty products. It is not only a challenge but also a great opportunity for Contract Research Organizations (CROs). CROs are an important support system for the pharmaceutical, biotechnology, and medical devices organizations. CROs support these organizations by performing the research services outsourced to them.
The combined contribution of healthcare management, CRO, and the pharmaceutical organizations, to the GDP of a nation, is significant. India, with its huge population and varying demographics, offers a great opportunity for CROs to advance their research programs. Although several clinical trials have been conducted in India during the past years, a lack of clarity, in regulations on the subject, has restrained several global pharmaceutical companies from carrying out their trials in the country. Despite having a sizeable number of patients suffering from various diseases, the share of India in global clinical trials is relatively low.
Over the years, regulatory systems and procedures have been streamlined in India, which are at par with the global regulatory standards. Now it’s time for CROs to play an important role in addressing the unmet medical needs of the Indian
population. ADVITY Research, a professionally managed CRO, has been incorporated with, fostering public health, as its goal. Established in 2021 and headquartered in Hyderabad, Advity Research is a strong contender for a significant position in the industry. ADVITY started its core functions within a short period of its incorporation.
The CRO segment is highly competitive due to the multitude of companies operating in the domain. Although ADVITY is a relatively new organization, its team is well experienced in setting up and managing many CROs in India. Advity has all the virtues pharmaceutical companies look for in a research partner. “ADDING VALUE WITH IINTEGRITY'' is the company’s motto.
ADVITY’s Services
ADVITY offers comprehensive clinical research solutions such as clinical trials, pharmacovigilance, bioavailability and bioequivalence (BA/BE) studies, PK bioanalysis, biostatistics and data management, medical writing, and glucose clamping studies. The company has a well-equipped infrastructure comprising modern amenities. Right from its’ inception, ADVITY started working aggressively to become a strategic partner to pharmaceutical and biotech companies. The company has presented itself as a comprehensive contract research organization due to its holistic approach to clinical research. It has helped the company stand out among its peers.
ADVITY is in the process of automating all its systems and procedures and is well prepared to meet the challenges of the market. ADVITY is exploring the possibility of introducing blockchain and artificial intelligence technologies in clinical trials. These technologies will enable real-time decision- making and assist in optimizing the outcome of clinical trials. Clinical trials, conducted by the ccompany are backed by robust quality procedures. The company, as a part of its business strategy, offers unique partnership plans to small and mid-sized pharma companies.
ADVITY offers a spectrum of clinical trial which addresses the needs of clients, at all phases. The company also provides drug safety solutions and regulatory consulting services. The comprehensive solution, offered by the company, is its unique selling proposition.
Team ADVITY
ADVITY’s team consists experienced and committed professionals. Teamwork, Experience, and Leadership (“T E L”) are its core values. Quality is the integral part of the ADVITY team. Protection of the environment is given high priority and a healthy and sustainable environment is one of the goals of the company.
ADVITY plans to expand its services to the United States and European markets expeditiously. ADVITY aims to position itself as a trusted partner in the complete spectrum of drug development–from lead identification to marketing support, and data analytics.
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