MTPConnect has released a new report that reveals the size and scope of Australia’s clinical trials sector and opportunities for future growth. The report – Australia’s Clinical Trials Sector: Advancing innovative healthcare and powering economic growth – has been developed in partnership with L.E.K Consulting and will provide an essential reference for the sector. |
The report reveals that clinical trials contributed $1.4 billion to the Australian economy through direct expenditure or investment in 2019 and that the sector now employs more than 8,000 Australians. It also details that 95,000 Australians participated in clinical trials in 2019, which saw around 1,880 trials started to advance medical knowledge and provide early access to potentially life-saving new treatments or medical interventions. |