The ONE Invisible Problem Holding Back This Market's Potential!
Despite its robust growth, the India CRO Market faces a significant challenge: concerns about data privacy and intellectual property (IP). The high-stakes nature of drug development means that pharmaceutical companies are often hesitant to share sensitive research data and proprietary information with third-party organizations. This can slow down collaboration and research progress.
The risk of IP loss is a major restraint on the market's growth. While companies are investing heavily in security measures, the threat of a data breach is a constant concern. This can lead to a reduction in a company's profitability and can cause a loss of customer trust.
Overcoming this challenge is crucial for the market to reach its full potential and to attract more high-value projects. Find out more about these crucial India CRO Market challenges.
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