K. Gopalakrishnan , Chief Executive Marketing & Sales, Fourrts (India) Laboratories
Passion, drive, and commitment can have huge impact on overall success of a person. Individuals often achieve things that were previously unimaginable to them, when all of these elements fall in place and they combine their passion with their strengths. Similarly, winding back four decades, Dr. Gopaalakrishnan (CEO) as a teenager aspired to work as a Medical Representative for a reputed Multinational company, Ms. HOECHST Pharmaceuticals, a German global enterprise (now Ms. Sanofi International), in 1971. Within a short period of time, he was named the best representative in India and was flown to the company's headquarters in Germany. During his stint as a Medical Representative, Dr. Gopalakrishnan pledged that he needed to reach the top of the corporate ladder by 1991. As destiny would have it, he took over as General Manager Marketing & Sales at Ms. Fourrts India Pharma ceuticals in 1991. The rest of the anecdote is history wherein he grew the company from Rs. 1.5 crores to Rs.700 crores turnover. In an exclusive interaction with CEO Insights, Dr. Gopalakrishnan spoke about his professional journey in sales and marketing.
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Top 10 Leaders in Contract Research - 2021
The Contract Research Organization (CRO) market is projected to reach $88,835.19 million by 2028 from $50,093.56 million in 2021 at a compound annual growth rate (CAGR) of 8.5 percent during 2021-2028. With top multinational pharmaceutical companies venturing into the Indian business in collaboration with the Indian drug companies, the Indian clinical trials market size is expected to reach $3.15 billion by 2025. It is projected to register a CAGR of 8.7 percent over the forecast period. The advancement in technology and alliance between the pharma biotech medical device companies with CROs are driving the market growth. The growing demand for innovative solutions in healthcare industry due to the outbreak of new diseases and increasing cases of chronic diseases is another cause driving the industry growth.
Large heterogeneous patient pool in India has made it one of the preferred destination for clinical trials. Clinical trials are an important component of innovation, and the government has been trying to streamline the norms and rules. CRO services can range from drug discovery to commercialization, pharma covigilance and post approval services. CROs provide the expert guidance, advice, and execution experience required to complete clinical trials safely and efficiently. They handle and supervise technical side such as data collection and medical testing, which comprise a significant portion of the task.
The country is widely investing in the scientific, medical and operations expertise needed to meet the demand of small to mid-sized biotech and pharmaceutical organizations seeking support for complex studies. In this issue of CEO Insights, we bring you a list of 'Top 10 Leaders in Contract Research - 2021'. The following list has been prepared after being closely scrutinized by a distinguished panel of judges including CXOs, analysts and our editorial board. We recognize their valuable contribution to the ever expanding & competitive market and their ability to sustain themselves and emerge as top contestants through their reliable services.
Company Logo | Company Management | Company Name | Company Description |
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Dr. Amit kumar,CEO & Chief Scientific Officer | BioAxis DNA Research Centre | He is academically a professor at SJB Research Foundation Bangalore and Editor of Springer Briefs on Forensic and Medical Bioinformatics (FMB) |
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Dinesh Jain,Founder CEO | Aagami | A prolific entrepreneur and a business leader with global operating experience in Life Sciences AND Information Technology industries |
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Dr. Gopalakrishnan,Chief Executive | Fourrts (India) Laboratories | Has helped Fourrts since 30 years emerge as a reputable multinational pharmaceutical company known for quality and ethics |
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Dr. Gopal Muralidharan,Chief Scientific Advisor | Avatar Clinical Research Trials | Has been involved in development of New Chemical entities and Generic molecules, and has worked extensively in the areas of both clinical and nonclinical research |
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Dr. A. Jayachandra Reddy ,Executive Director | Clini Vigil Pharma solutions | Has more than 15 years of experience and is responsible for setting-up BA|BE centers in various countries, meeting international regulatory requirements and handling all regulatory and client audits successfully |
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Pawan Bhusari, Chief Executive Officer | Abiogenesis Clinpharm | A clinical research professional with expert knowledge of drug development, having more than 23+ years of experience in handling phase-I to phase-IV clinical trials |
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Ravi Menon, Chairman | ACM Global Laboratories | Has been a business leader and entrepreneur in the pharma ceutical industry for more than 40 years and has a vast network of relationships and an unblemished reputation throughout the industry |
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Sanjay Gupta,Head | Catalyst Clinical Services | Hving more than 20 years of extensive experience in clinical research, he has personally conducted and supervised over 100 clinical trials |
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Sankesh Abbhi ,President and CEO | ArisGlobal | Has overseen back-to-back years of record growth for Aris Global and spearheaded the company’s relationship with Nordic Capital |
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Dr. Satish Sawant,Co-Founder, CEO & Managing Director | Accutest Research Laboratories | Has 12 years of experience in the pharmaceutical field with Merck and Kopran, with his earlier research work focused on the development of analytical methodologies |
Other Issues
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