Global gamble: survey exposes how proposed R&D cap in Australia could harm life sciences

15 December 2016

Loss of life science jobs, access to direct investment, clinical trial losses and risk to Australia’s global competitiveness were shown to be significant issues in AusBiotech’s recent survey of Australian life science companies, conducted in response to the recent proposed changes to the R&D Tax Incentive.

With concerns mounting, life science leaders have launched a ‘postcard petition’ to alert the federal government to the potential damage from the proposed changes to the R&D Tax Incentive.

Key findings of the survey:

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