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Cost recovery implementation statement: Blood, blood components and biologicals (human cell and tissue therapies), From 1 July 2015

Version 1.0, July 2015

2 July 2015

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Key forward events

An independent Review of Medicines and Medical Devices Regulation (Expert Review) was announced on 24 October 2014. The aim of the Expert Review was to examine the TGA's regulatory framework and processes with a view to identifying:

  • Areas of unnecessary, duplicative, or ineffective regulation that could be removed or streamlined without undermining the safety or quality of therapeutic goods available in Australia; and
  • Opportunities to enhance the regulatory framework so that Australia continues to be well positioned to respond effectively to global trends in the development, manufacture, marketing and regulation of therapeutic goods.

During 2015-16 implementation of Government agreed recommendations from the Expert Review will begin. The Government has committed to boost productivity and reduce regulation through its deregulation agenda. The deregulation agenda is guided by the principle that regulation should only be imposed where absolutely necessary, and should not be the default position for dealing with public policy issues.

Key forward events schedule Next scheduled update
Forward (financial) estimates 30 June 2016
Update of actual (financial) results Reported in the Department of Health's Annual Report
Stakeholder engagement round Second quarter 2015-16
Scheduled portfolio charging review 2017-18

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