Biotech in Australia

Biotech in Australia Australias traditional strengths in human wellness and agriculture have helped it move up the value range of mountains in a short period of time. The Australian authorities has played a significant role in movement the growth of the industry and has encouraged entrepreneurship in this industry in a bid to commercialize its R&D processes. Immunology, vaccines, foundation cells, proteomics and bioinformatics are Australias strong areas. The Australian Government places a premium on world-class innovation and actively promotes R&D. Multinational enterprises that conduct R&D in Australia, except hold the associated IP in their home jurisdictions, can pile up admission price to an R&D tax concession worth(predicate) 175 per cent of their R&D investment.

Strengths Good examples of companies in Australia: Resmed, Cochlear, Gardasil, 470 companies involved in industry, 399 alliances established 101 with US companies/ blow Euro/57 Asian, stable disposal/economy, good IP protection, maturing industry, educational system providing a base, proximity to Asia provides braggart(a) market, measurable biomass access/natural resources, government support at local and nation levels, medications from Australias biotech include Gardasil (cervical cancer vaccine) Relenza (anti tumor), SIR-Spheres (liver cancer treatment), EvaMist (spray hormone) Weaknesses Lack of reconditeness in commercial R&D, lack of follow on investment by companies, staff/skill shortages, few large players, no middle players, and lots of small players, cross quislingism between companies is poor, understanding of market by companies is poor, lack of regularization consistency in Australia, lack of a whole government vision Opportunities Global and local population growth, aging bollocks boomer population, global collaboration opportunities, climate change prima(p) to need for new solutions, ocean farming (eg. seaweed for biofuel), convergence of bio and nanotech, modern financial market for funding, lack of oil security, industrial... If you want to halt a full essay, order it on our website: Orderessay

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