Novotech Recognized as 2025 Global Company of the Year in Biotech Clinical Research Excellence
On July 3, 2025, Frost & Sullivan announced a significant accolade for Novotech, designating it the 2025 Global Company of the Year in the contracting services sector for biotechnology clinical research organizations (CROs). This prestigious award honors the company's exceptional contributions to the clinical trial landscape through innovative methods and a strong commitment to customer-centric service delivery.
Recognized for its unique focus on biotechnology, Novotech stands out in the crowded CRO market by offering specialized clinical trial solutions aimed at small to mid-sized pharmaceutical and biotech firms. The company's operations span over thirty locations and leverage in-depth local insights from major clinical trial hubs, including Australia, South Korea, India, China, and the USA. This blend of global operational standards with regional expertise not only makes Novotech a reliable ally for biotech sponsors but also enhances its ability to facilitate faster therapeutic development.
According to Unmesh Lal, Vice President for Healthcare & Life Sciences at Frost & Sullivan, Novotech is fundamentally reshaping the clinical research criteria by integrating cutting-edge AI technology innovations and championing a partnership model that embeds the client into the development process. "With nearly three decades of operating experience, we ensure an accelerated path to market for clients through high-quality clinical trials,” said Lal.
Novotech’s integrated service offerings encompass every crucial aspect of clinical trials including regulatory consulting, clinical operations, biometrics, data management, and medical writing. This holistic approach allows clients to streamline their development pipelines effectively, from preliminary trial phases through to post-marketing evaluations. The convergence of scientific knowledge, digital capabilities, and local familiarity significantly enhances trial efficiency and patient recruitment.
In addition to its operational achievements, Novotech's growth strategy includes a series of strategic acquisitions and partnerships that have successfully expanded its reach into the US and European markets. Such expansions are key to creating a united global strategy while maintaining high-quality standards in the Asia-Pacific region. CEO Dr. John Moller noted the award is a testament to Novotech’s ongoing dedication to offering superior service and strategic insight that meets the evolving needs of their biotech and mid-sized pharma clients.
The high standards set by Novotech are reflective of the evolving demands in the clinical trial industry. Through advanced digital systems and seamless project continuity, the company delivers enhanced client satisfaction and ensures regulatory compliance within varied cultural contexts.
Frost & Sullivan's Company of the Year Award is an annual accolade presented to companies that show exemplary strategy development resulting in improvements across market share, customer satisfaction, and competitive positioning. The awards underscore the forward-thinking strategies of companies that strive for excellence through innovation, highlighting their ability to reshape their respective industries.
This recognition adds to Novotech’s extensive collection of accolades, including its consecutive 19-year recognition by Frost & Sullivan for excellence in clinical trial operations. Its comprehensive knowledge of therapeutic areas—coupled with regulatory expertise—sets Novotech apart as a pioneering force that effectively translates scientific advancements into practical health solutions.
As Novotech continues to empower biotech firms through its tailored clinical trials, the commitment to enhancing global healthcare remains resolute. The company's mission translates into a collaboration-driven approach, which fosters innovation and lays groundwork toward impactful health outcomes worldwide. For more information about Novotech and its services, visit www.Novotech-CRO.com.