BioVoice News June 2017 Issue 1 Volume 2 | Page 38

expert column within the drug development process. The industry has seen a lot of innovation in the application of technology and will continue to do so. India is well positioned to take advantage of these trends given the rich technical expertise that resides in this country. Outlook is bright! I believe that the worst is now behind us. We have had a very challenging few years but in the last couple of years, several corrections have been made in regulations to ensure it is more balanced 38 BioVoiceNews | June 2017 and science-oriented, while being patient-centric. Our biggest challenge now is to take that message globally and restore the confidence of global stakeholders in doing clinical research in India. We have definitely seen an improvement in regulatory approval timelines and a more collaborative and consultative approach by the Indian regulators which is good for all stakeholders. We are hopeful that this forward momentum will continue. We have seen a lot of streamlining in the regulatory environment. We