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Life Sciences

Significant growth is being achieved in the Life Science’s sector following the Queensland Government’s $1.5 billion injection into the industry. Couple this with Brisbane’s impressive infrastructure and talent base, and it is easy to see why outstanding opportunities exist in the fields of agri-food, biomedical, biopharmaceutical and human therapeutics, diagnostics and clinical trials.

Brisbane is a recognised centre of excellence – home to not only the Queensland Institute of Medical Research (QIMR), the largest medical research institute in the southern hemisphere, but also the Clive Berghofer Cancer Research Centre, one of the world’s foremost research facilities in this field.

The University of Queensland is host to the Pharmacy Australia Centre of Excellence, Australia’s leading facility for pharmaceutical research, education and drug commercialization; while Griffith University partners with global giant AstaZeneca in the Natural Drug Discovery arena.

A quarter of modern medicines are derived from natural compounds making Brisbane and Queensland gold mines for biotech companies. Queensland comprises of 19 terrestrial and 17 marine bioregions and five world heritage sights covering 40 million hectares. Just one hectare of the Daintree Rainforest in North Queensland contains more species of native plants than the whole of North America, and about 80 per cent of those species can be found nowhere else on earth.

This collaboration of tertiary education with the private sector delivers a world-class pool of scientists, engineers and technical staff. In fact, Australia has more PhD graduates in biotech-related disciplines per capita than the USA or UK.