Strategy to boost biotechnology's market share

A major strategy statement designed to ensure Australia becomes a stronger global competitor in the field of biotechnological research and development was launched by the CSIRO last week at the AusBiotech2002 Conference in Melbourne.

CSIRO's mission centres on achieving growth in the area by facilitating large-scale collaborative ventures in partnership with industry and other research agencies.

Launching the document, the Deputy Chair of CSIRO's Biotechnology Strategy Team, Professor Richard Head, said Australia's biotechnology R & D sector was in a prime position to take advantage of its already high international standing.

"There are many areas of biotechnology where Australia can be a world player because of its expertise, but we need to be smart about selecting the right niches and partners," Professor Head said. "This strategy will bring a stronger focus to CSIRO biotechnology capabilities and strengthen its capacity to deliver solutions across industry sectors."

The strategy document provides a broad overview of CSIRO's vision and objectives.

"Our vision for Australia is to use biotechnologies to deliver: improvements in our health and wellbeing; safer and more globally competitive food systems; prosperity through more jobs and new industry developments; and, a more sustainable environment," it says.

"Our mission is to help Australia become a stronger global competitor in the 21st century through the rapid adoption and use of biotechnologies."

Item provided courtesy of The CSIRO