Takeda eyes India for global clincal trials amid booming clinical trials market
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New Delhi: Japanese pharmaceutical giant Takeda is considering conducting global clinical trials in India as part of a broader strategy to accelerate the launch of its innovative drugs in the world's most populous nation, its India head told Reuters.
In addition to trials, Takeda is also open to partnerships with local academia, healthcare providers, and technology firms in India to boost innovation, Das said.
The plan comes at a time when India's clinical trials market is growing, powered by diverse patient pools, cost efficiency, and a fast-growing hospital network. Grand View Research expects the market to exceed $2 billion by 2030.
"India is a strategic growth market for Takeda, and we are making significant long-term investments... in terms of innovation and building capabilities," said Annapurna Das, the general manager of Takeda's India operations.
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