Australia-based CRO Novotech has inked a partnership deal with the Asian Eye Institute for clinical research with the Philippines-based ophthalmology firm.
Under terms of the partnership, the institute will provide professional and clinical trial expertise to studies being managed by Novotech. Services will cover feasibility, principal investigator selection, patient recruitment and execution of ophthalmology studies, the company said.
Financial terms of the agreement weren’t disclosed.
The Asian Eye Institute has run more than 100 clinical trials and touts its investigator-led research site as one of the best in the region for research in ophthalmic drugs and devices. It treats about 60,000 patients each year at clinics located throughout the Philippines, which has a population of about 107 million.
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Novotech said it will have dedicated clinicians working inside the institute to support the clinical trial processes for its biopharma clients.
“Novotech is the Asia-Pacific CRO, so is committed to establishing ongoing engagement with leading medical institutions in each country across the Asia-Pacific region,” Yooni Kim, M.D., executive director of Novotech’s Asia operations, said in a statement. “We have offices and teams on the ground as well as MOUs and long-term relationships with major hospitals that directly benefit our clients."
Novotech, which was founded in 1996, bills itself as Australia’s largest contract drug developer with offices in 11 countries across the region.