Budget 2021’s patent box scheme to boost Australian medical & biotech innovations, but is it too limited?

By Guillermo Troncoso · 12 May 2021 · Australian Budget 2021

Budget 2021’s patent box scheme to boost Australian medical & biotech innovations, but is it too limited?

Boosting Aussie MedTech: A $206.4m Gamble?

The Australian Government's 2021 Budget has unveiled a patent box scheme to fuel medical and biotech innovations, but will it be enough to drive real change? Dive into the details to find out.

Read the full article →

Summary

A $206.4 million so-called 'patent box' scheme aimed to encourage development, investment and innovation in Australia’s medical and biotech technologies has been introduced in the Federal Government’s 2021 Budget.