Pharmaceuticals is a knowledge-based, technology-intensive industry that is uniquely placed to develop and commercialise the outcomes of Australia’s long term investment in medical research.
The Australian pharmaceuticals industry comprises bio-medical research, biotechnology firms, originator and generic medicines companies and service-related segments including wholesaling and distribution. With exports of $3.9 billion in 2012-13, pharmaceuticals were one of Australia’s major manufactured exports. The industry employed approximately 16,500 people in manufacturing and spent around $404 million on pharmaceutical manufacturing R&D in 2011-12. Sales of complementary medicines are worth around $2 billion a year (Complementary Healthcare Council of Australia Annual Report 2011-12).
Further information on the Australian pharmaceuticals industry may be found below:
For enquiries regarding this website or further information on the pharmaceuticals industry pleases contact:
Health Technologies Section
Advanced Technologies Branch
Department of Industry, Innovation and Science
GPO Box 9839
Canberra ACT 2601