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BIO
TECHNOLOGY
ausbiotec
FaSt Fact:
“the best is yet to come.”
Of the 255 alliances announced in 2008 between
Australian biotechs/medical technology firms,
– dR anna lavelle
70 per cent were with overseas partners and 32
of those with partners in Asia.
academic collaborations
Currently there are a significant number of research
collaborations between Australian and Indian universities,
including programs at The University of Melbourne,
Monash University, Queensland University of Technology
and the Queensland Institute of Medical Research. Also,
h
Australia’s Deakin University (located in Victoria) entered
into a Memorandum of Understanding (MOU) with India’s
Biocon, for a joint multi-disciplinary research project
focused on biotechnology and biosciences.
Research funds
The Australia-India Strategic Research Fund is a joint
initiative of the Australian and Indian Governments, and
is Australia’s largest bilateral research fund, providing
A$20 million over five years from 2006-07. In April 2009,
A$4 million of the fund was awarded, in the most recent offers high quality science, capacity for international
round, to 15 collaborative projects on topics ranging partnerships and a transparent and efficient regulatory
from malaria vaccines and the impact of global warming regime. Australia also trains large numbers of Indian
on agriculture to nanotechnology, medical diagnostics, nationals in its biotech programs, which may assist
nutraceuticals, and micro-electronic devices and with India’s challenge in accessing scientists trained in
materials. Projects include: biotechnology and high-tech areas.
l Establishing an Australian-Indian collaboration on
gravitational wave astronomy; and
complimentary strengths
l Assessing the impact of rainwater harvesting on the India is seen as a market which offers a lot of potential
regional hydrological balance in the Arawali foothills for Australian biotechnology companies. There are
region of India. complimentary strengths in India and Australia and we
need to work together to leverage off those strengths for
Quality training and science
the good of both nations’ industries, says AusBiotech
AusBiotech is drawing the attention of Indian investors CEO, Dr Anna Lavelle. “We have been showcasing the
to opportunities in Australia, as one of the lowest cost opportunities of companies in both countries for several
business locations in the industrialised world. Australia years and believe that the best is yet to come.”
INVEST IN AUSTRALIA – INDIA 81
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