COMPLEMENTARY Medicines Australia (CMA) has welcomed the release of the "exposure draft" of the Therapeutic Goods Amendment (2017 Measures No 1) Bill 2017 which includes amendments to provide a new approval pathway for listing complementary medicines with higher therapeutic indications and health claims.
CMA ceo Carl Gibson said the measure aimed to reward greater investment in R&D by industry, providing an incentive to further expand the clinical research base for complementary medicines.
He said the use of traditional and complementary medicines (CMs) is growing worldwide, with a supportive business environment set to help the Australian CM sector continue its rapid growth, support local innovation-rich manufacturing and Australian based research.
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