SIRO Clinpharm Forms Alliance With VCRO, a Taiwan- based CRO

Pact enables SIRO's clients access to blooming Taiwan clinical research market

MUMBAI, India, April 21, 2010 - SIRO Clinpharm a Contract Research Organization (CRO) with a presence in
India, Western and Central Eastern Europe and the USA today announced its
alliance with Virginia Contract Research Organization Co., Ltd. (VCRO), a
Taiwan-based CRO.

VCRO has more than a decade's experience in the clinical research field
having started their services in 1997, sensing the growing need of
pharmaceutical companies for ICH quality clinical trials. VCRO has
full-service clinical service capabilities including EDC, IVRS and analytical
laboratory services.

SIRO Clinpharm has been in the arena of contract clinical research for
more than 14 years now, conducting ICH GCP compliant clinical trials for its
global clientele. Earlier this year in February, SIRO announced forming
another engagement with a Korea-based CRO, DreamCIS.

"This alliance is a collaborative partnership wherein both SIRO and VCRO
will draw from each other's strengths to offer enhanced services to their
customers. SIRO will now be able to offer greater reach for patient
recruitment in the region," said Ajit Nair, PhD, President, SIRO, India
operations.

"VCRO has an extensive network in the Asia-Pacific regions including
Japan, China, Singapore and Hong Kong. This alliance helps us deliver value
arising out of our clinical capabilities and geographic location to a global
set of clients," said Chun-Chun Li, Ph.D., General Manager, VCRO.

"The clinical trials market in Taiwan is an attractive destination for
global pharma-biotech firms. Taiwan offers a conducive regulatory environment
and trained manpower," said Chetan Tamhankar, PhD, Chief Executive Officer,
SIRO. "With this alliance SIRO is now in a position to offer wider geography
and cost efficiencies to its existing and potential clients."

About SIRO:

SIRO Clinpharm is among one of the leading global Clinical Research
Organizations (CROs), offering full scope services, conducting clinical
trials in the pharmaceutical, biotechnology and medical devices sectors in
compliance with international standards. The company has offices in India,
USA, Israel and in Europe at Germany, Romania, Estonia, Greece, Czech
Republic and Spain.

For more information please visit - www.siroclinpharm.com

About VCRO:

Founded in 1997, VCRO is dedicated to offering full range ICH-GCP
compliant clinical research services for pharmaceutical and biotech
companies. VCRO is one of the most experienced CROs with the longest history
in Taiwan's contract research sector.

For more information please visit- www.vcro.com.tw

Aniruddh Patwardhan, Head- Corporate Marketing SIRO Clinpharm Pvt.Ltd., +91-22-2584-8099, aniruddh.patwardhan at siroclinpharm.com