Life Sciences
As the pharmaceutical world moves quickly towards an environment of open innovation, companies are looking for unique, valuable partners and locations from which to draw research and build opportunities.
Brisbane offers outstanding capabilities and opportunities in the fields of agri-food, biomedical, biopharmaceutical and human therapeutics, diagnostics and clinical trials.
Brisbane is a recognised centre of excellence and is home to the largest medical research institute in the Southern Hemisphere – The Queensland Institute of Medical Research.
Other high profile research institutes include:
• Australian Institute for Bioengineering and Nanotechnology;
• Clive Berghofer Cancer Research Centre;
• Eskitis Institute for Cell and Molecular Therapies;
• Institute for Molecular Biology;
• Institute of Health and Biomedical Innovation; and
• Pharmacy Australia Centre of Excellence.
Companies to have already taken advantage of the Brisbane offering include:
• AstaZeneca and Pfizer (in natural drug discovery);
• DSM Biologics (to deliver a new, world-class cGMP manufacturing facility);
• Syngenta (in the development of ethanol); and
• Unilever (in the study of food for ageing populations).
With more than 25 per cent of the population born overseas, Brisbane provides unique opportunities and efficiencies for clinical trials.
Sub-sectors
Agri-food
There are more than 135,000 farms in Australia – an enormous market for agbiotech companies . Twenty-five per cent of Queensland’s biotechnology firms target the agbiotech sector, highlighting its importance within the industry . In 2008/09 Australian farmers invested $244 million (AUD) in research and development through the Rural Research and Development Corporations. This is over and above the $218 million (AUD) co-contribution made through the Federal Department of Agriculture, Fisheries and Forestry .
Biomedical
The biomedical sector in Brisbane is well-established and internationally-recognised for the many innovative products that have been developed by Brisbane companies.
Success stories include:
• Impedimed – developers and manufacturers of “intelligent bio impedance instruments” designed to assess body composition and used for a range of medical applications including research, and nutritional and health evaluation.
• Microskin – Brisbane-based company (recently opened in New York) that assists patients worldwide with skin-related conditions including vitiligo, birthmarks, burns, eczema, lupus and keloid scarring.
• Occupational and Medical Innovations (OMI) – a Brisbane-based company that develops medical safety equipment for use by medical professionals to prevent sharps injuries. Products include a safety syringe, scalpel, valve and other specifically designed safety products.
Biopharmaceutical and human therapeutics
Around 50 per cent of all drugs discovered in the past 25 years have been derived from nature – making Brisbane a goldmine for drug discovery. Brisbane is home to Griffith University’s Eskitis Institute for Cell and Molecular Therapies. This world-renowned institute developed Nature Bank, a natural product library that has been optimised for drug discovery campaigns using robotic, high-throughput screening. Eskitis has collaborated with Astra Zeneca, Pfizer and recently The Centre for Drug Research and Development Canada.
Clinical trials
Trials conducted in Australia meet international standards including those of the United States Food and Drug Administration. The regulatory process for undertaking clinical trials in Australia is exceptional, with 99 per cent gaining authorisation to begin within a week of being registered through the use of the Clinical Trial Notification Scheme.
In 2010 KPMG ranked Brisbane fifth for cost-competitiveness of clinical trials in a study of 95 cities globally .
The Queensland Government has access to the largest patient and research base in Australia through its hospitals. The Queensland Clinical Trials Network Inc is an association of Queensland-based, clinical research related entities and is a visible point of contact for international and national entities wanting to undertake clinical trials in Australia.
Diagnostics
The diagnostics sector in Brisbane is well-established with strong government support. Brisbane is home to the Centre for Medical Diagnostic Technologies in Queensland (MedTeQ). In 2007, MedTeQ won a $1.83 million (AUD) grant to establish a $6.74 million (AUD), world-class facility at The University of Queensland Brisbane campus. MedTeQ partners with the medical materials group at The University of Washington, USA. The city is also home to Inverness Medical – the world’s sixth largest and fastest-growing, global in vitro diagnostics company. Inverness established in Brisbane through the acquisition of Brisbane company Panbio Limited - a leading developer of tests used in the diagnosis of flaviviruses and other arthropod-borne viruses.