CRO PSI jumps into India

Switzerland's Psi is reaching into India's clinical research market, opening up shop in the country and continuing its global expansion.

The CRO is setting up in Bangalore in response to client demand, Psi said, a move that follows last month's move into South Africa and 2012's leaps into North and South America, the company said. Radhika Bobba, who will lead Psi's new Asian headquarters, is an 18-year veteran of the local clinical research industry.

"This expansion is already showing tangible results in strengthening Psi's unique ability to deliver high-quality, on-time clinical studies worldwide," Bobba said in a statement.

Psi employs about 1,300 people around the world, and the CRO has been setting up satellite centers in global clinical research hubs over the past year, including offices in the Bay Area, Eastern Europe, the Middle East and, now, fast-growing Southeast Asia.

- read Psi's announcement