Industry Spotlight

New Austrade CEO

17 January 2017 via Biotech Dispatch: Trade Minister Steve Ciobo has announced the appointment of Stephanie Fahey as the next CEO of the Australian Trade and Investment Commission - Austrade. Dr Fahey will be the first woman to lead Austrade and will take up the rol... | READ MORE

Medicines and medical research headlines Ley legacy

17 January 2017 via Biotech Dispatch: Sussan Ley departs the health portfolio with unfinished business but also responsible for one of the Coalitions only successful major policy reforms since its election in 2013. She also played a major role in creation of the $20 ... | READ MORE

AusBiotech: scrap R and D tax cap based on MYEFO

20 December 2016 via Biotech Dispatch: News on the R&D Tax Incentive in yesterdays Mid-Year Economic and Fiscal Outlook with government officially deferring implementation of a legislated cut but still forecasting lower spending on the popular program. According to ... | READ MORE

MYEFO delivers funding for clinical trials reform

20 December 2016 via Biotech Dispatch: ;No health surprises in yesterdays Mid-Year Economic and Fiscal Outlook with the Budget update confirming funding for clinical trials reform and some PBS listings. MYEFO confirmed $7 million in funding for the Turnbull governme... | READ MORE

TGA still considering naming convention

15 December 2016 via Biotech Dispatch: The TGA is still waiting on global developments before finalising its naming convention for biologic and biosimilar medicines. The issue, which is considered a pivotal step in the development of the biosimilar market, has been ... | READ MORE

Biosimilar options under consideration?

15 December 2016 via Biotech Dispatch: Government could consider a range of options to improve the uptake of biosimilars in 2017. Many of these options could already have been considered during the planning process for last years PBS Access and Sustainability Package... | READ MORE

Government announces BTF fund managers

13 December 2016 via Biotech Dispatch: The Turnbull government has has announced the fund managers for the $500 million Biomedical Translation Fund (BTF). The managers, Brandon Capital Partners, OneVentures Management and BioScience Managers, will oversee the BTF th... | READ MORE

New $100M life science fund open for investment

13 December 2016 via Biotech Dispatch: The iQ Group Global has launched its iQ Series 8 Life Science Fund (Global) ESVCLP L.P. The $100 million iQ Series 8 will focus on investing in early-stage life science companies actively involved in the late-discovery to precl... | READ MORE

Government highlights innovation policy, but ...

8 December 2016 via Biotech Dispatch: Prime Minister Malcolm Turnbull and Innovation Minister Greg Hunt have marked the one-year anniversary of governments National Innovation and Science Agenda (NISA). The $1.1 billion agenda was announced in December last year, as... | READ MORE

Trajan hosts innovation minister

8 December 2016 via Biotech Dispatch: Trajan Scientific and Medical has hosted Innovation Minister Greg Hunt and local MP Michael Sukkar to its headquarters in Melbourne. According to Trajan CEO Stephen Tomisich, “Trajan identified the opportunity to leverage ... | READ MORE

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