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| PRESS RELEASES |
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| MANIPAL ACUNOVA CONFERRED "PROXIMARE'S INDIA'S BEST EMERGING CRO OF 2005" AWARD
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| Bangalore, October 07th, 2005 - Manipal AcuNova,
a leading player in biotechnology and clinical research, is
'India's best emerging CRO' according to a survey conducted
by Proximare. The award was conferred in a function held on
October 5 in Mumbai, India. |
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| Speaking about the award, Mr. D A Prasanna, Vice Chairman
and Managing Director, Manipal AcuNova, said, "Access
to patients and experienced investigators is key to research.
Manipal AcuNova is fortunate to have access to the Manipal
Teaching Hospitals. We have 90 highly qualified professionals
working at our state- of-art research centres. In a short
period, clients have been happy with our research. This award
encourages us to aim high in the future". |
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| Mr. Nailesh A. Bhatt, Managing Director of Proximare
said, "We are pleased to announce the winners in
this category. These companies are pioneers and have created
significant and impressive infrastructure to provide valuable
services to the global clinical research industry...Key benefits
of this report are that they are comprehensive, neutral and
allows the reader to understand the overall clinical research
industry landscape in India as well as specifics about every
CRO," he added. |
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| Proximare Inc is a New Jersey based leading strategic management consulting firms that develops and implements growth strategies for pharmaceutical and biotech.
It carried out a comprehensive and neutral analysis of India's clinical research industry, including thirty three CROs. Benchmarking of every CRO was done on five key elements: Management, Project Experience, Manpower, Infrastructure and Financial Strength.
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| Medical Directors from Allergan, Aventis
Pharma and Targacept Inc have had a positive experience in
the trials they have conducted through Manipal AcuNova. Dr.
Shah, VP - Medical & Regulatory affairs said that AstraZeneca
is satisfied at the research recently conducted by Manipal
AcuNova. |
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