Updated on 25 May 2012
Australia's work to be internationally competitive will attract further foreign investment and a greater share of returns to the economy. Australia's global standing and reputation in clinical trials give credibility to local data for licensing purposes, as well as providing patients in need access to new and developing therapies and health care.
International Clinical Trials Day is celebrated around the world each year to celebrate the anniversary of the first known example of a clinical trial, started by Scottish naval surgeon James Lind in 1747 to investigate treatments for scurvy.
AusBiotech is active in advocating for a strong position for clinical trials in Australia and supporting the CTAG process. The CTAG responds to the Pharmaceuticals Industry Strategy Group's (PISG) recommendations to investigate priority reforms to the clinical trials operating environment to make Australia a more attractive location for investment and activity.