• SKIP TO CONTENT
  • SKIP NAVIGATION
  • Patient Resources
    • COVID-19 Patient Resource Center
    • Clinical Trials
    • Search Clinical Trials
    • Patient Notification System
    • What is Clinical Research?
    • Volunteering for a Clinical Trial
    • Understanding Informed Consent
    • Useful Resources
    • FDA Approved Drugs
  • Professional Resources
    • Research Center Profiles
    • Clinical Trial Listings
    • Market Research
    • FDA Approved Drugs
    • Training Guides
    • Books
    • eLearning
    • Events
    • Newsletters
    • JobWatch
    • White Papers
    • SOPs
    • eCFR and Guidances
  • White Papers
  • Trial Listings
  • Advertise
  • COVID-19
  • iConnect
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Home » Singapore R&D consortium aims to tap into outsourcing trend

Singapore R&D consortium aims to tap into outsourcing trend

June 28, 2011
CenterWatch Staff

Government agency International Enterprise (IE) Singapore has launched a biomedical R&D consortium involving seven companies based in the island state, with the aim of tapping into the trend for outsourcing of R&D across Asia, according to PharmaTimes.

The anchor company in the consortium, which will consolidate services ranging from validation of biological targets to lead candidate identification, pre-clinical research and clinical trials, is Singapore Clinical Research Institute (SCRI).

Its Singapore-based partners are Dx assays, Experimental Therapeutics Center, Innoheart, Maccine, MerLion Pharmaceuticals and PWG Genetics.

The consortium can also provide stand-alone services based on client needs, noted IE Singapore, which said CROs and research institutes in the island state “have the technical expertise and competencies to address the needs of global biomedical companies.”

Many of these companies, however, “are niche players with a narrow range of services, which puts them at a disadvantage when competing with larger providers offering the full suite of product development services,” it said.

As of 2010, more than 50 companies were carrying out biomedical R&D in Singapore, while the local contract research sector was valued at $133 million, making up 3% of a total Asian market estimated at $4 billion, according to IE Singapore.

“As global companies outsource part of their R&D functions to Asia, it means increased business opportunities for our companies,” said Tan Soon Kim, group director of lifestyle business services at IE Singapore.

“The consortium aggregates key capabilities of the companies along the biomedical R&D value chain, to provide a one-stop solution for global players,” he added. “This equips them with the competitive edge to gain a foothold overseas. We will support the consortium in market research, lead referrals and project facilitation.”

 

Upcoming Events

  • 24May

    Powering an Effective Oversight Strategy with Clinical and Operational Insights

  • 25May

    2022 WCG Avoca Quality & Innovation Summit: Own the Future

  • 28Jun

    Effective Root Cause Analysis and CAPA Investigations for the Life Sciences

  • 16Oct

    WCG MAGI's Clinical Research Hybrid Conference - 2022 West

Featured Products

  • Spreadsheet Validation: Tools and Techniques to Make Data in Excel Compliant

    Spreadsheet Validation: Tools and Techniques to Make Data in Excel Compliant

  • Surviving an FDA GCP Inspection

    Surviving an FDA GCP Inspection: Resources for Investigators, Sponsors, CROs and IRBs

Featured Stories

  • Protocol-360x240.png

    Avoid Deviations by Making Protocol Review a Team Effort

  • SelectionProcess-360x240.png

    Give Us a Voice: Sites Clamor for a Say on Vendor Selection

  • Convince-360x240.png

    Use Data and Details to Convince Site Leadership to Add Staff

  • AsktheExpertsBadge-360x240.png

    Ask the Experts: Listing Trial Staff and Others on the Statement of Investigator

Standard Operating Procedures for Risk-Based Monitoring of Clinical Trials

The information you need to adapt your monitoring plan to changing times.

Learn More Here
  • About Us
  • Contact Us
  • Privacy Policy
  • Do Not Sell My Personal Information

Footer Logo

300 N. Washington St., Suite 200, Falls Church, VA 22046, USA

Phone 617.948.5100 – Toll free 866.219.3440

Copyright © 2022. All Rights Reserved. Design, CMS, Hosting & Web Development :: ePublishing