Novotech, the Asia Pacific centered biotech specialist CRO said the latest industry research publication by GlobalData and Novotech found almost 50% of new trials had sites in Asia Pacific.

According to the new publication titled State of the Global Biotech Landscape: Where the Opportunities Lie, demand for Asia Pacific trial sites is strong with almost half of the more than 27,000 clinical trials initiated in 2021 having sites in Asia Pacific.

The data shows almost 12,900 of the new trials had sites in Asia Pacific.

Download the report here

The report also noted that the Asia Pacific region, which has more than 6,772 trial sites each with access to an average of 2,136 million people, has considerable underutilized capacity presenting an opportunity for growth in multinational trials in the region. 

In addition, analysis of trial growth trends found that Asia Pacific has also seen high phase-level growth over the 5-year analysis period to 2022. 

  • Phases I and II were dominated by Asia Pacific, which served as a trial location in 57% and 49% of trials, respectively. 
  • US and EU remained stable at approximately 20% at phases I through III
  • RoW representation is low in phases I and II but on par with the US and EU in phase III.

Novotech this month was awarded the Frost & Sullivan Company of the Year Award 2022 for Best Practices in the Asia-Pacific contract research organization industry. Novotech has been a recipient of the Frost & Sullivan Asia Pacific Best Practices awards since 2006.

Frost & Sullivan identifies companies that consistently develop growth strategies based on a visionary understanding of the future, and effectively address new challenges and opportunities. 

Frost & Sullivan said:

“Our approach involves the deployment of best practices and strategic analytics across a value chain. Against this backdrop, Frost & Sullivan recognizes Novotech for its valuable achievement.

Novotech addresses the global drug development market’s unmet needs with a strong leadership focus that incorporates client-centric strategies with best-practice implementation.

From feasibility assessments to regulatory submission support, data management, medical monitoring, and project management, the company provides a 360-degree approach to drug development for its biotech clients.”

In response to the Company of the Year Award announcement, Novotech CEO Dr. John Moller said this award is a credit to our entire global team which has decades of biotech drug development experience.

“Our global clients benefit from access to our expert teams in Asia Pacific, which is the fastest-growing clinical trial region, due to its vast patient populations and sophisticated medical research infrastructure.

Our consistent investment in advanced training and technology systems combine to deliver a specialist full-service biotech CRO solution.”

Novotech also recently produced a new publication for biotechs considering China for their clinical research, and the relevant processes required for global regulatory approvals.

The report details regulatory requirements for biotechs including NDA and IND processes as well as ex-US research guidance for a successful US FDA approval pathway.

Novotech provides the relevant regulatory knowledge and drug development pathways specifically designed to support the US FDA approval process, avoiding delays and additional costs.

Download whitepaper here 

Novotech has also recently been benchmarked as a top 10 CRO among the world’s leading CROs, is a finalist in the prestigious Scrip awards, and has just been awarded the Gene & Cell Therapy Excellence Award. 

In Asia Pacific Novotech has more than 50 Leading Site Partnership agreements with major medical research institutions delivering exclusive benefits for sponsors.

 關於 Novotech Novotech-CRO.com

Novotech成立於 1997 年,立足亞太,面向全球,是專業的生物技術合同研究組織(CRO)。

Novotech因其在行業內的突出貢獻而備受讚譽,曾榮獲多項殊榮,其中包括 2023 年 CRO 領導力獎 (CRO Leadership Award 2023) 、2023 年亞太地區細胞與基因治療臨床試驗卓越獎 (Asia Pacific Cell & Gene Therapy Clinical Trials Excellence 2023)和自 2006 年以來蟬聯亞太地區合同研究組織年度公司獎 (Asia-Pacific Contract Research Organization Company of the Year Award)。

Novotech是一家包含實驗室、Ⅰ期臨床中心、藥物開發諮詢服務和專業FDA法規服務的臨床CRO,擁有超5,000 項臨床專案經驗,包括Ⅰ期至Ⅳ期臨床試驗。Novotech專注於服務在亞太、美國與歐洲等地進行臨床試驗的生物技術客戶。Novotech目前在全球34個辦公地點共擁有3000多名員工。

如欲了解更多資訊或與專家團隊成員交談,請造訪 www.Novotech-CRO.com 

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