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goBalto Partners with Maya Clinicals to Expand Its List of Investigator Sites
Date:5/19/2009

Leading India-based Investigator Sites Now Available on goBalto.com

San Francisco, CA (PRWEB) May 19, 2009 -- goBalto, an online drug development partnering site for the pharmaceutical development and drug manufacturing industry, announced today that Maya Clinicals is making its proprietary list of India-based Investigator Sites and hospitals available on goBalto.com.

Maya Clinicals is a leading Clinical Research Organization (CRO) in India, one of the foremost countries for clinical trials outsourcing. Its proprietary list of Investigator Sites listed on goBalto is divided into two categories: "Sourced by Maya Clinicals" and "Screened by Maya Clinicals." "Sourced by" indicates Maya Clinicals has identified these Investigator Sites as actively operating in India and maintains information on the company. "Screened by" indicates Maya Clinicals has visited the facility, met with senior management and reviewed the company's specific capabilities.

Since launching in April, goBalto has acquired over 2,000 members who represent, research, manufacturing and procurement professionals from leading pharmaceutical and biotech organizations from all over the world.

According to a recent PricewaterhouseCoopers study, the CRO market in India was $323 million in 2007. Largely driven by outsourcing from international firms, it is projected to grow at an estimated 49 percent annually, bringing the market to nearly $900 million in 2010. The global CRO market is growing at a far slower 12.6 percent per year.

"Acquiring Maya Clinicals' proprietary list is a great opportunity for the goBalto community," said Jae Chung, founder and CEO, goBalto. "Unless you've been actively conducting trials, it is quite challenging for drug development professionals, unfamiliar with India's outsourcing industry, to find qualified Investigator Sites
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