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Policy

Australia undermining ‘proud’ tradition of ‘IP-led innovation’

Australia’s global ranking on providing strong intellectual property protection fell last year, according to a new report, even before taking account of the recent Productivity Commission report that recommended the wholesale winding back of pharmaceutical patents. The US Chamber of Commerce has released its 5th annual International IP Index, “The Roots of Innovation,” rating 45 world economies on … Continue reading Australia undermining ‘proud’ tradition of ‘IP-led innovation’

Turnbull sticks by ‘trade enhancing agreement’

Pushing ahead with ratification of the Trans Pacific Partnership is all about jobs for Australia, according to Prime Minister Malcolm Turnbull. Mr Turnbull was speaking after US President Donald Trump formally withdrew the US from the 12-country agreement negotiated over the past decade. He said Mr Trump’s decision was a “loss for the TPP” but the … Continue reading Turnbull sticks by ‘trade enhancing agreement’

‘Fundamental misunderstanding’ on clinical trials

The Department of Immigration and Border Protection says the application of tariffs on imported placebos “does not represent any change.” In response to a series of questions from BiotechDispatch, a spokesperson for the Department said a recently published guide “seeks to address incorrect classification practices of which the Department has recently become aware.” According to … Continue reading ‘Fundamental misunderstanding’ on clinical trials

Hunt: The changing face of Australian innovation

New innovation minister Greg Hunt has positioned biotechnology as part of government’s medium to long term plan for transforming the Australian economy. Mr Hunt was speaking at the DuluxGroup following his recent appointment to succeed Christopher Pyne as Minister for Industry, Innovation and Science. He had spent the previous decade in the environment portfolio, in … Continue reading Hunt: The changing face of Australian innovation

MTPConnect releases draft competitiveness plan

The Medical Technologies and Pharmaceuticals Growth Centre (MTPConnect ) has released its draft 10-Year Sector Competitiveness Plan, highlighting the importance of a stable operating environment. According to MTPConnect, the plan outlines a 10-year vision to maximise the sector’s competitiveness and productivity, and to achieve more rapid and sustained growth. MTPConnect is part of the $248 million Federal … Continue reading MTPConnect releases draft competitiveness plan

Government advice confirmed trade reality

Legal advice provided to the former federal government confirmed that implementing manufacture for export would contravene Australia’s commitments under international trade agreements. BiotechDispatch understands the advice was provided to the former Rudd Labor government in 2009. The advice, provided by the Attorney-General, concluded that any change that would allow manufacture for export would contravene Australia’s international commitments … Continue reading Government advice confirmed trade reality