New Zealand's biotech sector lacks government support, necessitating investment in research and innovation to stay competitive with Australia.

A comparison between New Zealand and Australia's biotech sectors highlights the need for improved government support in New Zealand. Biotech leaders warn that without a comprehensive government strategy, the sector may fall behind in various areas. New Zealand has exceptional researchers and a potential to be a leader in biotech, but currently lacks the government funding and resources seen in Australia. It is urged that time is of the essence and New Zealand must invest more in the biotech research landscape to maximize innovation.

January 30, 2024
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