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How is the biotech industry in Australia?
The biotech industry is flourishing, driven by robust research and development capabilities, government support, and a focus on innovation. Australia excels in areas such as medical technology, pharmaceuticals, and genetic research. It attracts investment, fosters collaboration, and contributes to advancements in healthcare and sustainability.
What are the main biotech hubs in Australia?
Prominent biotech hubs include Melbourne, Sydney, and Brisbane. Melbourne is known for its strong biotech ecosystem, focusing on pharmaceuticals, medical technology, and research. Sydney hosts a diverse range of biotech companies and research institutions, with a particular emphasis on healthcare innovation. Brisbane is emerging as a biotech hub, specializing in areas such as biopharmaceuticals, agricultural biotech, and medical research.