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OCC Trading, page-451

  1. 1,565 Posts.
    lightbulb Created with Sketch. 164
    Your claim that Aussie biotechs do not receive
    Fed. Govt. assistance is at best ill informed.

    OCC has received millions of dollars in the form of
    R&D Tax Incentive Refunds over the years from
    the Fed. Govt.

    In addition some biotechs receive direct assistance
    to run expensive trials to progress their product
    towards regulatory approval.

    Right now one biotech company I am invested
    in, is having a trial conducted by Sydney Uni
    and funded by a Govt research vehicle to the
    tune of many millions of dollars.

    I feel this information is unlikely to change your
    sentiment as obviously you have a party
    political agenda in mind, which should not be
    aired on this forum.

    Cheers.



 
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