A major characterstic of biotechnology sector in recent years has been the need to show that companies are performing to international benchmarks. This is critical when there is a shortage of investment. Companies that stand out internationally, for example, through partnerships and market entry, provide stimulus to the sector as a whole.
As the biotechnology sector gradually moves down the path to market, a new range of indicators becomes available to analyse industry development.
When companies reach market with their products and start to generate revenues, analysts can quantify the status (profit), of the company and the likelihood of providing a return to investors. Before this time, however, companies can struggle to explain the sophisticated technologies being developed and whether real milestones have been reached or are meaningful and the timeframes expected before they reach the market.
Visit the links below to learn more about finance and investment within the Australian biotechnology sector.
Australian Links
Australian Venture Capital Association Limited (AVCAL)
AusIndustry Biotechnology Business Indicators
Australian Securities Exchange (ASX) Biotechnology
Trading Room - Pharmaceuticals & Biotechnology
Trading Room - Health Care Equipment and Services