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Pharma key to recovery: CSIRO

Posted 16 September 2020

A new report issued by the CSIRO has identified the pharmaceutical industry as a key contributor to economic growth over the next two years as Australia recovers from the pandemic and starts to take steps towards building a resilient economy.

"With speed a critical factor in global healthcare efforts, Australia can create a high-quality and efficient early-stage development environment for vaccines and pharmaceutical drugs, as well as produce high-value and niche pharmaceuticals such as novel biologics and biosimilars," the report says.

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