Australia has become an international leader in pharmaceutical research and development.
Skilled workforce and highly innovative medical ecosystem
Australia has a highly skilled and educated workforce, providing a pool of talented individuals for the pharmaceutical industry. Australia is home to over 1,200 pharmaceutical and medical technology companies, 55 world-class medical research institutes and 40 universities that focus on clinical research. The Australian clinical trial industry has seen substantial growth and there are more than 50 clinical trial networks in the country. The Australian government is extremely focused on promoting and growing the pharmaceutical and biologics sectors through significant tax incentives and R&D grants.
Strong regulatory frameworks and alignment with international regulatory agencies
Australia has a strong regulatory framework for pharmaceutical manufacturing, ensuring high-quality production standards. The TGA closely aligns its regulatory approach for pharmaceutical products with those of comparable international regulatory counterparties including the United States’ FDA, European Union’s EMA, and the United Kingdom’s MHRA. Australia’s TGA has a strong working relationship with all majority regulatory bodies and is an internationally recognized and respected regulatory authority. The TGA and FDA have a specific cooperative agreement regarding the exchange of information on GMP inspections of pharmaceutical facilities. The TGA also has a mutual recognition agreement in place with the EMA for GMP compliance.
Strategic location
Our expert staff is highly experienced interfacing with clients around the globe in multiple time zones. We can provide a next day answer to any question or problem that comes up during the development process. NovaCina is 12 hours ahead, so you are never behind (USA East Coast).
Perth is located in an exciting time zone in a region full of growth opportunities within South East Asia – with almost full overlap with China, Japan and India. There is a healthy half day overlap with Europe as well as the beginning and end of each day with USA for those next day answers.
There are significant transport hubs close by with Singapore and Middle East, with direct access Europe from Perth and to US from the East Coast of Australia.
