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AusBiotech Calls For More Australian Support For Collaborations

This article was originally published in PharmAsia News

Executive Summary

Australia's biotechnology industry needs substantial help from the government, particularly for early-stage innovation, if it is to realize its potential, AusBiotech says. The 3,000-member association said there is a need for a government investment in research and development for pharmaceuticals in general, but that biotechnology needs to be included in that program. AusBiotech CEO Anna Lavelle said in an opinion piece the government needs to nurture the current trend of global companies collaborating beyond their borders, including in Australia, but the industry has seen little evidence of government help for the biotech industry in Australia. (Click here for more

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