Australia, NZ Again Drop Plan For Joint Therapeutic Product Regulator
This article was originally published in The Tan Sheet
Australia and New Zealand once again ditch plans for a joint drug, nutritional product and medical device regulator, wiping away all made in three years to harmonize the two countries' regulatory frameworks.
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The New Zealand health ministry has launched a consultation on a wide-ranging overhaul of the therapeutic product regulatory system. The new scheme, which will take a few years to put into place, will fill a number of regulatory gaps, set up a new independent drugs and devices agency, and generally bring New Zealand into line with other regulatory systems around the world.
Australia's Therapeutic Goods Association plans to implement a number of regulations to update and streamline the existing framework for over-the-counter and prescription drugs as well as medical devices
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