Biotechnology Industry Position Survey 2015
Respondents to the fifth annual AusBiotech survey were the most positive they have been regarding how their companies performed with 69% reporting a good or excellent year. The positivity extended to the industry outlook for the coming year with 84% of respondents expecting their business to grow. Concern was voiced regarding government tampering with the much loved R&D Tax Incentive, with some respondents commenting on the unsupportive environment they are operating in.
- Sentiment strong despite business environment
- Improved policy is all about tax reform
- Cash is the life blood of the industry
- A tough and unsupportive environment