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Chancellor sets out plans to speed up approval for clinical trials

The government has promised to speed up approval for new clinical trials, and to make funding to NHS bodies conditional on their recruiting the first patients to trials within 70 days.

The announcement formed part of the budget documents published on 23 March. In his speech to the Commons, George Osborne, the chancellor of the exchequer, referred only briefly to the planned changes, promising that in the life sciences “we will radically reduce the time it takes to get approval for the clinical trials.”

The details are spelt out in a plan for growth, published by the Treasury as part of the budget documents and signed off jointly by Mr Osborne and business secretary Vince Cable. In it, the government sets out its plans to establish a new health research regulatory agency to streamline regulation and improve the effectiveness of clinical trials.

The agency will make future National Institute for Health Research funding to providers of NHS …