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Dr Lal PathLabs Inaugurates Clinical Trial Laboratory
Dr
Lal PathLabs (LPL) has finalised a blueprint that will make it a leading player
in the clinical trial business. The company has recently set up a state-of-the-art
4,000 square feet facility at its Gurgaon headquarters exclusively for clinical
trial operations. Future plans include setting up a mega 65,000 square feet
laboratory at Rohini in North Delhi, which is expected to be in place by 2008.This
would make it South Asia's largest laboratory.
According to Dr Arvind Lal, CMD, LPL, the company is increasing its focus on
clinical trial business for three principal reasons - global pharma companies
increasingly outsourcing clinical trials to CROs, India's unique genetic diversity
being ideal for running clinical trials, and LPL's expertise in conducting laboratory
tests.External cost pressures, Dr Lal explained, are acting as a major driver
for the pharmaceutical outsourcing market and emergence of the CRO sector. Outsourcing
also gives sponsor companies the opportunity to convert the fixed costs of maintaining
the personnel, expertise and facilities necessary for clinical trial management
into variable costs, he observed. Dr Om Manchanda, COO, LPL, said, "India
is a preferred clinical trial destination because of its one billion-plus genetically
and socio-economically diverse population..
Nitin Jain, Head- International Business & Clinical Research, said, "India
offers at least 30 per cent cheaper options for conducting trials compared to
the West. Also, there is no dearth of medical professionals.." The company
plans to have a network of 50 laboratories across the country by March 2009
and expects to more than double the number of collection centres to touch 1,000
over the next five years.
EH News Bureau
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