RGT 0.00% 32.0¢ argent biopharma limited

We have often discussed the issue of licences and I came across...

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    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.

 
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