A $20-MILLION centre to test new drugs, medical procedures and devices in people opens on Thursday at the National University Hospital (NUH).
The focus of this centre, called the Investigational Medicine Unit, will be on the early phases of human testing, shoring up Singapore's ambition to become a clinical trials centre in the region.
Data from early phase clinical trials studying dosage amounts and how the drug is absorbed, help drug companies make critical business decisions on whether to go ahead with developing it, a process which generally costs $1 billion by the time it reaches pharmacy shelves.
Read the full report in Thursday's edition of The Straits Times.
