RGT 2.90% 35.5¢ argent biopharma limited

Ann: Material Revenues Confirmed from Non-Pharma Business Units, page-107

  1. 14,008 Posts.
    lightbulb Created with Sketch. 2383
    We have often discussed the issue of licences and I came across this - 2 years is the timespan to get a licence in Australia - ridiculously long time line

    Permit/licensing system

    The key issue for the corporations offering opinions to the review was the licensing system, a process that can take up to two years from application to receiving certifications that will allow them to grow or manufacture product.

    Currently companies must apply for a cultivation licence to grow, an R&D licence to undertake research, and a manufacturing licence if they want to make products. In order to start commercial operations they also need a permit.

 
watchlist Created with Sketch. Add RGT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.