Victorian Clinical Trials Gateway portal to take Australia's clinical trial expertise to the world
Today, Australia announced the launch of the Victorian Clinical Trials Gateway to strengthen Victoria’s position as a global destination for clinical trials.
“Victoria is at the centre of Australian medical innovation. The new Victorian Clinical Trials Gateway will grow our role in bringing new life-saving medicines and health technologies to patients in Victoria and world-wide,” said Minister for Innovation and the Digital Economy Philip Dalidakis.
The new web-based portal, Victorian Clinical Trials Gateway (VCT Gateway), will help to connect the global clinical trials ecosystem with and in Victoria. Supported by the Australian Government, St Vincent’s Hospital developed the Victorian Clinical Trials Gateway portal on behalf of the healthcare sector.
It will provide a single point of entry for international companies that want to conduct high-quality clinical trials quickly and cost-effectively to connect with Victorian clinical trial sites, contract research organisations and professional services.
Victoria’s clinical trial sector has a reputation for speed, quality and cost-efficiency and is backed by highly skilled professionals and world-class institutions. The Gateway will make it easier for companies to access Australia’s world-class service providers, trial-ready infrastructure and talent.
“Global companies are increasingly outsourcing clinical trials to Melbourne and this new portal will increase our competitive advantage,” said Minister Dalidakis.
With global healthcare spending projected to grow by over 4% annually, the Australian Government recognises the urgent need to attract medical innovation and investment to the country.
This digital hub will promote Australia’s industry strengths to a global audience and drive new opportunities for industry-sponsored trials and international partnerships, supported by the Government’s network of business offices throughout the world.
Currently, around 1,000 new clinical trials begin in Australia every year and more than a third of this activity happens in Victoria. Victorian researchers win around 40% of Australian competitive medical research funding annually.
With more than 650 life sciences companies, 12 major medical research institutes, 10 teaching hospitals and nine universities across Victoria, the sector currently employs more than 23,000 people and generates more than A$12 billion for the state.
“More clinical trials in Victoria means greater access to cutting edge medications and a growing health sector that creates more local jobs,” Minister Dalidakis added.
In addition to attracting global companies to Victoria, the Gateway will help local companies, particularly start-ups and small to medium enterprises (SMEs) find the support and services they need to grow.