KV Subramaniam, president and CEO, Reliance Life
Sciences, Maharashtra
KV Subramaniam
is the President and CEO of Reliance Life Sciences. A chemical
engineering graduate from Madras University, he has an MBA from the
Indian Institute of Management, Ahmedabad, and a Chartered Financial
Analyst. In a career spanning 29 years with the Reliance Group and
Indian Petrochemicals Corporation, Subramaniam has been responsible for
several functions – from corporate business development, corporate
planning, project management and economic analysis to marketing; in a
wide range of businesses
The fortunes of the Indian clinical research organizations (CROs)
depend on the global CRO industry, which is dependent on the nature and
rate of outsourcing by the global pharmaceutical industry that has been
undergoing several domain-specific and structural changes that are
creating both opportunities and challenges for CROs.
Events such as the economic downturn, pharma mega-mergers and the US
healthcare reforms initiatives, have forced stakeholders, especially
pharmaceutical companies, to re-align their strategy towards increasing
focus on bio-therapeutics as a product class, and producing more safe
and cost-effective medicines. This essentially means that CROs having
specialized offerings in their repertoire, and the capability to
address a broad range of product and therapeutic classes would be
better placed to succeed.
The Indian CRO industry is dominated by players focused on offering
routine drug development services that are primarily non-differentiated
in nature. It is important that Indian CROs position themselves to
offer specialized high-value services, address broad therapeutic and
product areas and differentiate themselves; to compete successfully in
the global marketplace.
Some of the areas and segments that need particular mention are:
specialized human trials to evaluate cardiac safety (QTc studies),
radio-labeled mass-balance pharmacokinetic studies, bio-therapeutics
drug development and stratified clinical studies based on molecular
markers. These areas are gaining prominence, and are important in the
drug development context. Inherently, these areas signify new vistas
for the CRO industry.
In the Indian market, very few players have the capabilities and
infrastructure to conduct such studies. Reliance Clinical Research
Services (RCRS), the clinical research arm of Reliance Life Sciences,
is one of them.
RCRS has the necessary infrastructure, linkages and competencies to
carry out these specialized studies. RCRS has carried out validation
studies in cardiac safety using state-of-the-art systems. It is also in
the process of conducting a mass-balance, radio-labeled study. RCRS has
conducted several preclinical and clinical studies in bio-therapeutics
as also bioassays development, and has demonstrated end-to-end program
management capabilities in this segment. In addition, RCRS has
completed, and is conducting several clinical research studies for
stem-cell therapies, which is another important category in
bio-therapeutics. It also has capabilities in carrying out
embryo-toxicity based drug screening. RCRS has the ability to leverage
the molecular medicine capabilities of Reliance Life Sciences to
develop stratified clinical research studies.
An important aspect of developing specialized study capabilities is
competency development. The Reliance Institute of Life Sciences, a
not-for-profit organization, has been conducting one-year Advanced
Diploma Programs to address this need.
As the global pharmaceutical industry consolidates, the opportunity
space for specialized CROs would increase significantly. India has been
a destination for clinical research, but there are other countries and
regions, such as China, East Europe, Latin America and Africa, that can
offer competitive options in clinical research. It would, therefore, be
imperative for CROs in India to create differentiated plays to sustain
and grow. Indian CROs have to seek out, develop capabilities, and
conduct specialized studies, to make a mark in the global clinical
research league.