Grant Budgeting and Negotiating in India and China - Applied Clinical Trials

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Grant Budgeting and Negotiating in India and China
Industry must grasp the cultural nuances of these two burgeoning countries to find success there.
Nov 1, 2007
By: Jena Jankosky, Ying Jiang, Ted Farwell
Applied Clinical Trials

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All the prerequisites for success in China and India are available today, but the industry must prepare itself with thorough research and understand the nuances of health care in both countries before conducting clinical trials in these relatively new geographies.

References

1. The Food and Drug Administration: http://www.fda.gov/.

2. W. Bailey, C. Cruickshank, and N. Sharma, "Make Your Move: Taking Clinical Trials to the Best Location," A.T. Kearney Country Attractiveness Index for Clinical Trials (May 4, 2007), available at: http:// http://www.atkearney.com/main.taf?p=5,1,1,116,3,1#1>.

3. P.K. Julka, "Clinical Trials in India—Dilemmas for Developing Countries," (April 2007), available at: http:// http://www.acunovalife.com/Whitepaper-CT%20in%20India.pdf.

4. TTC, GrantPlan® Database, http://www.grantplan.com/.

5. Ministry of Health of the People's Republic of China, http:// http://www.moh.gov.cn/.

6. State Food and Drug Administration, People's Republic of China, http:// http://www.sfda.gov.cn/eng/.

Jena Jankosky ,* MBA, is client manager at TTC, llc, 4548 Market Street, Suite M-20, Philadelphia, PA 19139, email: jjankosky@ttc-llc.com
Ying Jiang and Ted Farwell are also client managers at TTC, llc.

*To whom all correspondence should be addressed.

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Source: Applied Clinical Trials, 11/1/2007
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