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.

Key findings:  

  • 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