Australian biopharma objects to R&D incentive changes

5 December 2019

The Australian biotech industry has voiced consternation at the government’s decision to move forward with a plan to cut R&D incentives in the country.

A Government committee had previously recommended that work be undertaken to fully understand the impacts before proceeding.

AusBiotech, a group representing Australian biopharmaceutical manufacturers, says that many small and medium-sized companies in life sciences will be disadvantaged by the proposals.

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