Why Australia?
1. Ernst and young ranks Australia as the number one biotechnology country in the asia- pacific and 6th worldwide in its global biotechnology census
2. Australia has 370 biotechnology companies up from 190 in 2001 of which over 50 are listed in biotechnology companies
3. 43% of Australian core biotechnology companies are in human therapeutics, 16% are Agricultural companies and 15% diagnostic companies.
4. Australia accounts for 67% of total revenues among publicity traded biotechnology companies for the Asia - pacific region.
5.Australia is ranked first in the Asia-pacific region fir the cost competitiveness of conducting clinical trails.
6. In 2002-2003 total public sector biotechnology related expenditure was almost us$778million.
Courtesy: nature
To tap into Australia biotechnology potential visit - www.investaustralia.com/biotech
Wednesday, November 26, 2008
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