More Drug Clinical Trials Occurring in Asia These Days

According to GlobalData, Asia accounted for 50% of the world’s drug clinical trials over the last five years. The reasons for this include a large diverse population, improved healthcare institutions, lower costs, prevalence of certain diseases, etc. The number of clinical trials in China has doubled over the last 5 years too. This is a result of China’s fast R&D development for new drugs, and more foreign drug companies doing multi-regional clinical studies which include China. If foreign drug companies include China in their US and EU studies, they can more easily use such data and reduce their overall clinical trial costs for China drug approval. In the cancer clinical trial area, the total number of global clinical trials is dramatically increasing, and about half of these cancer trials occur in China.