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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