Smarter manufacturing
August 20, 2012
THE Government needs to build
better links between universities
and industry, according to
Medicines Australia chief executive
Dr Brendan Shaw.
Speaking in the wake of the
release of the Smarter
Manufacturing for a Smarter
Australia report, Shaw urged the
Government to implement the
report’s recommendations.
“This report is an opportunity to
lay out a clear roadmap for the
future of Australian manufacturing,
and I encourage the Government to
grasp it,” he said.
“The taskforce has highlighted
some key opportunities such as
building better links between
universities and industry, greater
engagement in global value chains
and capitalising on the rise of the
Asian economies.
“Importantly, the taskforce
underscores the value of the R&D
tax credit,” he added.
Backing up his support for the
report, Shaw said that the Australian manufacturing sector
would be better placed to reach its
potential if these recommendations
are implemented.
“A strategy that encourages
innovative industries like the
medicines industry to reach their
full potential is critical to ensuring
Australia’s post-mining boom
future and providing competitive
high-skill, high-wage jobs for
Australians,” he said.
“We support the idea of a crosssectoral
industry support program
that may not necessarily target a
particular firm or industry, but
encourages the competitive
activities of a suite of innovative
industries that we need to do more
of if Australia is to benefit from its
great scientific base.
“The Australian medicines
industry is one industry which has
the potential to contribute more
than it already does to Australia’s
economy but needs the right policy
settings to be put in place,” he
added.
The above article was sent to subscribers in Pharmacy Daily's issue from 20 Aug 12To see the full newsletter, see the embedded issue below or CLICK HERE to download Pharmacy Daily from 20 Aug 12
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