Thailand Becoming a Key Asian Player in Drug Clinical Trials

Thailand is leading clinical trial research in Southeast Asia, with potential for continued growth in coming years. An increasing number of overseas pharmaceutical companies are finding Thailand to be a prime destination to conduct drug clinical trials. Researchers are able to host highly cost-efficient trials in Thailand, while still having ready access to the country’s advanced medical equipment and infrastructure. Additionally, the Thai government supports the clinical trial industry through its national policies and has a universal healthcare program. However, there are lengthy processes for receiving independent ethical approval and import licenses. Despite these challenges, the Thai economy is growing and there is an increased demand for medical specialists. The clinical trial industry is predicted to grow, cementing Thailand’s status as a key regional player.