The value of clinical research with modern medicines in New Zealand

20 May 2020

By Prince Siddharth

A report for Medicines New Zealand.

NZIER's report shows that clinical trials have contributed $146 million per year on average to New Zealand’s GDP and created over 700 jobs per year since 2013.

The report also highlights the role clinical trials play in supporting activity in other parts of the New Zealand economy. In 2018, it purchased $44.0 million of inputs and supported 222 jobs in supplying sectors.

Clinical trials can offer benefits to the health system such as promoting a research culture in the health system, supporting recruitment and retaining high quality health professionals, and providing learning opportunities for students in the health profession and more.