it`s the balance sheet stupid, page-95

Mrs Peel ~ ""what is the nature of poh's association with csl? is this to do with the oxy tech""
Firstly the oxy tech is being developed with 3M.

CSL is a sleeping giant. We have had an assocation or collaboration since June 2009. You can go to this announcement for the specifics.
It is very hush hush and most details are undisclosed, however their main 2 areas of interest is Vaccines and plasma protein biotherapies.
We here believe it is more likely to do with vaccines, and that would be to deliver vaccines via a patch.
Where this becomes amazing is its delivery to 3rd world countries, where hygiene issues are prevelant with needles as is refrigeration of liquid vaccines.
We speculate, but to be quite honest I don't care if we make cheese with CSL. What ever it is, if it proceeds it will a company maker on it's own.