Australia’s R&D reset puts biotech translation in focus

AI Briefing

• – Australia's R&D system is being overhauled, with a focus on boosting biotech innovation, and the federal government is seeking input from industry leaders.
• – A review of Australia's declining R&D rankings is underway, with proposals to reverse the trend.
• – Industry leaders have welcomed the review, seeing it as a chance to revitalize the country's biotech sector.