Reflecting the reputation of Victoria's clinical trial sector for speed, superior quality and cost efficiency, the recently launched Victorian Clinical Trials Gateway will make it easier for companies to discover and work with Victoria's highly skilled professionals and world-class institutions.
The new portal will provide a single point of entry for international companies to connect with Victorian clinical trial sites, contract research organisations and professional services. The portal provides information about providers of services associated with many aspects of product development and clinical trials including:
- clinical research
- clinical trial sites and administration
- digital services and marketing
- Intellectual property protection
- product development
- tax and regulatory
- training and education
The Victorian Government has provided support to St Vincent’s Hospital in Melbourne to develop the portal on behalf of the sector. In addition to attracting global companies to Victoria, the Gateway will help local companies, particularly start-ups and small to medium enterprises, to find the support and services they need to develop products and grow their businesses.
With global health care spending projected to grow by over four per cent annually, the Victorian Government recognises the urgent need to attract medical innovation and investment to our state.
This digital hub will promote our industry strengths to a global audience and drive new opportunities for industry-sponsored trials and international partnerships, supported by the Victorian Government’s network of business offices throughout the world.
Currently around one thousand new clinical trials begin in Australia every year and over a third of this activity happens in Victoria.
Victorian researchers annually win around 40% of Australian competitive medical research funding.
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 $12 billion for the state.
To learn more about professionals and organisations in Victoria who can support medical research and development, visit the portal here.
