MTPConnect reposted this
📢 NEWS: Today AusBiotech and MTPConnect have released a discussion paper on critical life science growth issues ahead of our upcoming National Biotech and Medtech Development and Commercialisation Summit, on 19 November 2024 in Canberra. Australia's life sciences sector is an essential part of Australia’s economy, supporting high-paying and skilled jobs, manufacturing exports, and underpinning the health and wellbeing of Australians. It is rightly recognised by the Australian Government as a critical sector that is essential for Australia’s future. Yet while we are in the top ten globally for research, we slip down to 30th for the translation and commercialisation of that research. The upcoming Summit will see AusBiotech and MTPConnect gather some of the country’s most senior leaders from a cross-section of the biotech and medtech sector to tackle these issues. The joint discussion paper launched today unpacks Australian and global policy contexts, stubborn industry challenges, and barriers to achieving robust “Development and Commercialisation” outcomes. MTPConnect CEO Stuart Dignam said the discussion paper and 19 November Summit aim to harness industry insights and create a united voice to government ahead of the 2025 election. “Medical products are one of Australia’s most significant value-add exports, but gaps in biomedical and medical technology product development limit our ability to fully realise the commercial potential of our innovation prowess,” Mr Dignam said. Add your voice to the discussion The Summit is one part of the conversation, and your insights are crucial to ensuring the discussions and any outputs reflect the diverse perspectives of the industry. If you aren’t attending the Summit, we invite you to complete the survey to share your views. Check out the discussion paper and survey below: https://lnkd.in/gmAjHbFp Stuart Dignam, Hon. Jaala Pulford, Rebekah Cassidy, Erin McAllum, Duncan Macinnis, Lisa Dubé, Amelia Vom, Andrew Bowskill, Tracey Wilkinson, Dana Bell