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.

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About Novotech Novotech-CRO.com 

노보텍은 글로벌 full-service CRO이자 임상 과학 자문 기업으로서 모든 임상 단계에서 바이오텍 및 제약회사의 신뢰받는 파트너로 자리매김하고 있습니다.  

아시아 태평양, 북미, 유럽 전역에 걸쳐 30개 이상의 지사와 5,000개 이상의 임상시험기관 파트너십을 보유하고 있으며, 다양한 환자 집단에 대한 최적의 접근성을 바탕으로 삶을 변화시키는 치료제의 성공적인 시장 진입을 지원하고 있습니다.  

고객 중심 서비스 모델을 통해 노보텍은 인재, 프로세스, 기술을 유기적으로 통합하여 혁신적인 치료제를 보다 신속하게 시장에 도입하는 데 기여하고 있습니다. 또한, 진정한 파트너십 접근 방식을 바탕으로 고객의 성공, 혁신 역량 강화 그리고 전 세계 의료 발전을 향한 노보텍의 확고한 의지를 실천하고 있습니다.  

노보텍은 19년 연속 Frost & Sullivan의 ‘Global Biotech CRO Award’를 비롯한 다수의 글로벌 어워드를 수상하며, 임상시험 운영 및 혁신 역량의 우수성을 공식적으로 인정받고 있습니다. 심층적인 치료 및 규제 전문성, 현지 시장에 대한 인사이트를 바탕으로 노보텍은 임상시험의 전반적인 효율성을 향상, 데이터 분석의 최적화 그리고 정밀한 환자 모집 전략 수립을 통해 고품질의 임상시험 운영을 실현하고 있습니다. 

노보텍은 과학적 진보를 바탕으로, 글로벌 건강을 개선하는 혁신 치료제 개발을 실현하는 것을 사명으로 삼고 있으며, 앞으로도 바이오텍 및 제약회사의 성공적인 임상 개발 여정을 함께할 것입니다. 

자세한 정보를 확인하거나 전문가와 상담하려면 www.Novotech-CRO.com을 방문하세요.

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