ADELAIDE BIOMED CITY
Open the door to Australia & Asia
Jason Cameron
Munich, 3 November 2015
South Australian Life Sciences
• South Australia has a long history of world renowned medical research
• Fast growing industry, doubled in last decade
• Over 100 bioscience companies in Adelaide
• Exceptional education institutions:
• Three world class research Universities & three new international universities
• Number of Research Institutions and Cooperative Research Centres
• Similar regulatory system to Europe
• TGA regulations closely aligned to EU
• Supportive legislative environment
• Strong IP protection
• R&D Tax Incentive
ADELAIDE BIOMED CITY
• $3.4 billion of new infrastructure funding
• Largest biotech & healthcare precinct in Southern Hemisphere
• Prime city location in centre of Adelaide
• Full integration of Healthcare Delivery, Research and Education on one site
• Two new hospitals, Two new university campuses, Two new Research Institutes
• Will host 8000 staff, 6000 students and 1500 world leading medical researchers
• Built alongside existing BioSA Tech Park
ADELAIDE BIOMED CITY
SAHMRI New RAH
SAHMRI 2 University of
South Australia
University of
Adelaide
New Women’s &
Children’s Hospital
• Innovation to transform entire healthcare delivery system
• Complete discovery continuum: - Bioscience, Preclinical, Phase 1, 2, 3 clinical trials
• Rapid translation of research into clinical practice and education
• Provision of key infrastructure: Genomics, Imaging, Big Data
New Convention
Centre
How CEBR clusters can benefit from Adelaide BioMed City
• We are seeking bilateral and multi lateral partnerships with global clusters
• We can help your member companies:
• Save time and money on Clinical Trials
• Access R&D Incentive payments
• Enter huge Asian markets
Save money on Clinical Trials
• Clinical trials in Adelaide are faster, more cost effective, and results are globally accepted
• Fast tracked regulatory approvals:
• Human research ethics committee approvals in just 6 weeks!
• Don’t need IND filing (save 6-9 months) for First-in-Human trials
• ICH GCP compliancy with EMEA, FDA
• Trials results recognised by EMEA, FDA, Japan, Canada
• Australia’s largest & most experienced Phase 1 clinical trials unit, based in Adelaide.
• Cost effective compared to EU and US
• Cash back of up to 45% of R&D costs
• Access to Multicultural, Aged & Remote population
45% Cash back for R&D
• Up to 45% cash back is available to all companies with less than $20m turnover
• Other companies receive 40% tax offset
• $3m cost of trial = $1.35m cash back
• Health Industries South Australia will help your companies to ensure eligibility and find suitable partners/facilities
• Set up Australian entity before start R&D activity
• Proof-of-concept work, preclinical research, clinical trials, study drug manufacturing, prototype design etc
• Do not need to employ any staff
• Some activity can still occur overseas
Unlock Asia from Adelaide
• Adelaide ideal city for European high-tech companies to set up Asian base
• Establish in Australian market
• Select and manage distributors in Asian markets from Australia
• Time zone within 2 hours of Singapore, Japan, China, Thailand, Indonesia etc
• Similar regulatory & legislative system to Western Europe
• World’s 5th most liveable city
• Highly-skilled and educated workforce
• Setting up a South Australian subsidiary will unlock access to:
• Australian market assistance from
• Chinese market entry via SinoSA House
• Asian market access under FTA’s
• Outstanding research collaborations
• Up to 45% cash back on R&D costs
12 Health Industries South Australia
Opportunities for
International Companies
Criteria for the selection of your Asia Pacific operations
Chinese Launch-Pad
• China - Australia Free Trade Agreement
• Adelaide & Qingdao sister cities
• SinoSA House Launch-Pad
• Established in Qingdao Blue Biomed Park
• Free access for South Australian high-tech companies
• Office, laboratory & manufacturing space
• Chinese market access and partnering assistance
• We would like to share this facility with new International Cluster partners
• Any of your companies that establish in Adelaide to conduct Clinical Trials or access R&D incentives can also use Qingdao facility
• We will help your companies into Australian and Chinese markets!
Contact
www.healthindustries.sa.gov.au
Health Industries South Australia
L9, 131-139 Grenfell St
Adelaide SA 5000
GPO Box 320
Adelaide SA 5001
Dankeschön!
Jason Cameron [email protected]