Global investment in Australian clinical trials is strong, according to Bellberry's 2024 Clinical Trials Activity Report.
Bellberry is Australia’s largest ethics and scientific reviewer of research involving humans, reviewing approximately 40 per cent of CTN (Clinical Trial Notification) trials in Australia.
Its report says that international companies fund two-thirds of the Australian clinical trials it reviewed.
Every year since 2019, Bellberry has released its Clinical Trial Activity Report (CTAR) to coincide with International Clinical Trials Day on 20 May. The CTAR describes the portfolio of research conducted in the prior year with Bellberry oversight.
Bellberry’s CEO, Kylie Sproston, said the 2024 data show that Australia is uniquely positioned to attract global investment in clinical trials due to the high quality of its healthcare institutions and researchers.
“The 2024 Clinical Trial Activity Report shoes that early phase trial activity remains a key strength with significant and continued growth over the last six years,” said Ms Sproston.
“The USA is the largest driver of early-phase trials conducted in Australia, with Australia coming second and China third. Other top 10 countries include Germany, South Korea, Switzerland, the UK, Canada, France and Japan,” she said.
“Almost 50 per cent of the trials that Bellberry reviews are First in Human or Phase 1 trials, highlighting Australia’s strong reputation for this skilled and complex type of research.”
In 2024, oncology accounted for more than a quarter of the studies reviewed by Bellberry, while non-clinical trials made up more than 15 per cent of Bellberry reviews.
“Interestingly, we have seen a doubling of the number of social science research activities that Bellberry has reviewed in the last six years from 5% to 10% of total reviews,” said Ms Sproston.
“Australia’s capacity to support the full clinical development pathway is highlighted by the representation of trials in the 2024 CTAR from FIH through to Phase 4, devices, observational, qualitative, social science, registry, audit, and evaluation.”