Research Australia has responded to the Parliamentary Inquiry into the Approval Processes for New Drugs and Medical Technologies.
Opportunities exist to change our approval processes to benefit patients and better support research and development in Australia. Faster and more effective approval processes mean new medicines and technologies reach patients faster. Improving the environment for clinical trials enables Australian patients to benefit from the latest medicines and technologies developed overseas while also helping Australian health and medical research to flourish in a competitive and lucrative world market. Research Australia’s submission identifies some of these opportunities with the twin objectives of improving Australians’ health and prosperity.
Research Australia’s submission is available here.
The Committee is expected to hold public hearings in early 2021.
