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Biotechnology Industry in Australia FINAL

Jun 03, 2018

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    Vaishali Bhagat (NR12011)

    Rucha Dave (NR12030)

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    Present Scenario Leading companies

    Regulatory regime

    R&D Government support

    GAP analysis

    Future of industry

    On the horizon

    conclusion

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    Excellent research facilities

    World-class scientists

    Strong but flexible regulatory regime

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    In 2010-12, the industry generated A$7.48 billion in

    revenue

    (Source: IBIS World Industry Report, Biotechnology in

    Australia, page 5, March 2012).

    Companies specialize predominately in human

    therapeutics (49 per cent),

    Agri-biotech (16 per cent),

    Diagnostics (13 per cent),

    Others operating in the fields of chemicals, the

    environment, food and beverages and

    bioinformatics

    (Source: Ibid page 16).

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    Starpharma Holdingshas a drug delivery collaboration agreement with Eli Lillyand Company for human pharmaceuticals

    Biota Holdings Limitedhas partnered with Daiichi Sankyo to develop theinfluenza drug laninamivir

    Universal Biosensorshas partnered with Johnson & Johnsons LifeScan on

    glucose meters and sensors

    Mesoblasthas entered into a strategic alliance with Cephalon Inc. (now TEVA) tocommercialize its adult stem sell technologies

    Bionomics and Merck Seronohave a research collaboration to develop

    compounds for the treatment of Multiple Sclerosis

    Alchemiahas a collaborative partnership with Dr Reddys Laboratories Limited formarketing generic fondaparinux in America.

    Phylogicahas drug discovery collaboration agreements with Pfizer, MedImmune

    (the biologics unit of AstraZeneca) and Roche.

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    The industry also has a strong drug development pipeline,with around 6,100 clinical trials registered in Australiabetween July 2005 and January 2012

    (Source:Australian New Zealand Clinical Trials Registry).

    The clinical trials sector is worth around A$1 billion perannum to the Australian economy each year with directforeign investment of over A$450 million per annum

    (Source: Australian Government Clinically Competitive: ClinicalTrials Action Group Report, page 17, March 2011).

    Efficient regulatory framework, particularly in intellectualproperty protection

    http://www.anzctr.org.au/docs/Monthly%20Website%20Reporting_Statistics.pdfhttp://www.anzctr.org.au/docs/Monthly%20Website%20Reporting_Statistics.pdf
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    Sophisticated R&D infrastructure

    Home to world renowned research organisations such asthe(CSIRO)

    Research facilities such as the (APAF) the worlds first

    dedicated proteome centre;

    World-class medical research institutes, including the Walter andEliza Hall Institute, the Garvan Institute of Medical Research,and the Florey Neuroscience Institutes.

    Worlds largest life sciences supercomputing facilities is alsobased in Australia

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    Providing funding to the nations premier scientific research

    agency, CSIRO, and its work with industry, government and theAustralian research community.

    Commercialization Australia has funding of A$278 million over fiveyears to 2014, with a further A$82 million allocated for each year

    thereafter (Source: Commercialization Australia).

    In the 2011/12 Federal Budget, the Government allocated anestimated A$9.4 billion)in support of Australian science, researchand innovation over the 2011/12 financial year.

    (Source:Australian Government Media Release, 10 May 2011).

    http://www.commercialisationaustralia.gov.au/ABOUTUS/pages/default.aspxhttp://archive.innovation.gov.au/ministersarchive2011/carr/MediaReleases/Pages/AUSTRALIANGOVERNMENTSRECORD3BILLIONSUPPORTFORTHECSIRO.htmlhttp://archive.innovation.gov.au/ministersarchive2011/carr/MediaReleases/Pages/AUSTRALIANGOVERNMENTSRECORD3BILLIONSUPPORTFORTHECSIRO.htmlhttp://www.commercialisationaustralia.gov.au/ABOUTUS/pages/default.aspxhttp://www.commercialisationaustralia.gov.au/ABOUTUS/pages/default.aspx
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    R&D Tax Incentive

    Indo-Australian Biotechnology Fund

    Commercialization Australia

    Linkage Projects

    Enterprise Connect

    Innovation Investment Fund

    A National Enabling Technologies Strategy

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    Improved crops with innovative research

    Offers untapped wealth of opportunity.

    Recognized strength

    Exciting opportunities for investors and partners.

    Development of new GM technology.

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    International attention-Open for business

    Strong opportunity in different sector

    Australias true-blue untapped opportunities

    Australian partnership and alliances

    Infrastructure networks in the industry strongly encourage

    technology transfer and the commercialization of

    intellectual property.

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    Protection of cotton crops from pests

    Unique biodiversity

    Gaining credibility

    Improve understanding in all fields of biotechnology

    Agricultural biotechnology sector

    Industry leaders

    Independent national system

    Future competitiveness

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    The biotechnology sector in Australia presents many opportunitiesfor investment, from licensing agreements with Australianresearch entities to setting up Australian operations as a gatewayto the quickly growing Asia-Pacific market and establishing R&Dcollaborations and R&D centers.

    Australian biotechnology industry have a great opportunities totouch untapped market in the same sector by opening thebusiness market for all.

    Agricultural biotechnology, and the investment, innovation and

    skills that underpin it, are at the top of Australias globallyrecognized strength in biotechnology research.

    Innovation in different fields of bio-technology is increasing whichleads to overall development of bio-technology sector of Australia.

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    Strong opportunities exist in agri biotech, immunology,stem cells, reproductive medicine, neurosciences, infectiousdiseases, cancer, and also in cross-sectoral activities such

    as proteomics, bioinformatics and bio prospecting.

    Australian partnerships and alliances in major biotechmarkets are now commonplace.

    With an independent national system, companies will gainsecurity for their investment, will see a clear path tomarket, and will have a sound R&D base on which toconstruct a solid business model.

    A key issue is the future competitiveness of Australiasfarmers in markets that provide the opportunity to capturegreater downstream value in novel products.

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