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Fall in line before getting crushed seems to be the lesson the clinical research organisations (CROs) in Andhra Pradesh have learnt from the on going microfinance institutions’ episode, whose wings were clipped following allegations of tough recovery methods.
Even as the Andhra Pradesh government was flexing its hands to keep the CROs under tabs, the drug testing companies have decided to join hands to lobby positively with the governments both at the Centre and the state.
“We have always been transparent. We now working to be more transparent and comply with every regulation that is in place,” Suneil Reddy, managing director of QPS Bioserve, said while speaking on behalf of the other CROs.
Ref and Read more: https://www.dnaindia.com/money/report_andhra-clinical-research-organisations-plan-reforms-to-avoid-microfinance-fate_1584549
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