Industry Analysis & Industry Trends
The Australian biotechnology industry is one of the largest in the world. Biotechnology refers to the use of living organisms, or their products, to modify human health and the environment. While genetically modified (GM) products remain controversial, attitudes are beginning to change and there has been increasing acceptance of the process in agricultural industries and across other sectors. Biotechnology is an increasingly important part of product development in a variety of industries.
Biotechnology companies often use research that began in higher education, public and not-for-profit research organisations. While government and non-profit organisations remain important sources of funding, the private sector is increasingly contributing to industry revenue... purchase to read more
Industry Report - Industry Analysis Chapter
The Biotechnology industry is now in its third decade. The industry is composed of a range of players, from small start-ups to commercially viable operations selling biotech products domestically and in international markets. A growing number of biopharmaceutical companies are using new technology platforms to focus on unmet health needs. Biotech companies are also taking advantage of converging technologies to develop new applications for agricultural markets, industrial processes and the environment. These include environmental remediation and resource efficiency applications... purchase to read more