BWI: GVK Biosciences Joins ResearchPoint Global

Press release from Business Wire India
Source: GVK Biosciences Private Limited
Wednesday, January 13, 2010 11:00 AM IST (05:30 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Healthcare, biotechnology & pharmaceutical; Technology; Healthcare
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GVK Biosciences Joins ResearchPoint Global
Addition of India-based CRO Expands Reach of Worldwide Clinical Organization

Austin, Texas, United States and Hyderabad, Andhra Pradesh, India, Wednesday, January 13, 2010 -- (Business Wire India) -- ResearchPoint Global (RPG) announces its newest member, GVK Biosciences (GVK BIO), an India-based, full-service Contract Research Organization (CRO). A leading CRO in Asia, GVK BIO provides RPG with access to an extensive network of experienced and proven investigative sites and country-specific regulatory, clinical and technical expertise.

As the growth of India's participation in global clinical programs continues to increase at a rapid pace, RPG strategically sought to expand its reach to this region. According to The Goldman Sachs Group, Inc., "India presents an attractive region for clinical trials given a population of over one billion, a large number of English-speaking patients, and a well developed information technology industry." 1

RPG's expansion into India offers numerous advantages for running clinical trials: a large population, qualified medical personnel, and well-established regulations. GVK BIO complements RPG's current presence in the Americas, Europe (Western, Central, and Eastern) and Africa.

"RPG is strategically expanding our global footprint with qualified, like-minded CROs who have extensive drug development experience across a broad range of therapeutic areas," said Matt Walker, Executive Vice President of Marketing and Business Development with ResearchPoint, a member of RPG. "GVK Biosciences has built an exceptional reputation as a full-service clinical service provider in India and we look forward to leveraging their deep local knowledge for the benefit of our clients."

"GVK Biosciences expands upon the ResearchPoint Global objective of providing Sponsors with the ability to conduct international studies, knowing that they have best-in-class teams who have successfully executed studies in their local market, fulfilling our promise to provide global capabilities with local expertise," noted Paul Braconnier, Governing Board Member of RPG.

Manni Kantipudi, President, GVK BIO commented, "We are pleased to be part of ResearchPoint Global. This partnership enables GVK BIO to participate in global trials while focusing on local investigators/recruitment and leveraging lower local costs. While both ResearchPoint Global and GVK BIO are full service CROs offering services independently, together, we hope to offer faster patient recruitment and access to our complete suite of functional services including Clinical Data Management, Medical Writing, and Biostatistics."

"With our experience in several therapeutic areas, extensive investigator network, local regulatory expertise, and medical affairs capabilities, we are confident in bringing value to RPG," noted Shoibal Mukjherjee, Senior Vice President & Head of Clinical Development, GVK BIO. Our existing clients will benefit from our ability to recruit patients across multiple geographies through RPG."

About ResearchPoint Global

ResearchPoint Global (RPG) is a worldwide clinical organization with 22 regional offices and coverage in 65 countries. As a proven global organization, RPG involves truly local resources to navigate regional issues and consists of high-performing teams whose principals are actively engaged in the success of each clinical program.

About GVK BIO

GVK Biosciences (GVK BIO) is Asia's leading research services organization. GVK BIO provides a broad spectrum of services, stand‐alone and integrated, across the R&D value chain. GVK BIO's diverse portfolio of more than 100 customers includes Big Pharma, Agri & Life‐sciences companies, leading biotechs and academic institutions. Spread across five locations in India, GVK BIO is headquartered in Hyderabad, India and employs 1500+ people assisting clients to accelerate their research and success.


CONTACT DETAILS
Heather Attridge, ResearchPoint Global, 512-343-1092, hattridge@researchpoint.com
Sharada Alvakonda, GVK Biosciences Private Limited, +91 (40) 66929999/8, sharada@gvkbio.com

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, HEALTHCARE, TECHNOLOGY, HEALTHCARE

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