Changes to the R&D Tax Incentive: Putting a handbrake on innovation (September 2016)
September 2016 The R&D Tax Incentive Review paper was released on 28th of September, making recommendations on changes to the scheme – including a proposed $2Million cap on the annual cash refund payable under the R&D Tax Incentive.…
R&D tax spend cap should be doubled to $200m: review urges
The amount companies can spend on research and development and receive a tax offset should be doubled to $200 million, a review of the $3 billion R&D tax incentive program has recommended. The R&D tax incentive cost the…
Biomedical Breakthroughs takes close look at our bodies at Melbourne Museum
If you’re reading this through the misery of a mid-winter flu, at least you’re better off than the poor Bendigo boy who found himself in World War I with a bullet wound in the arm, tuberculosis in the…
Bridge to MassChallenge open for applications
Applications are now open until September 20th, for an Australia-wide startup competition targeting the highest-impact, highest-potential entrepreneurs. The competition will bring together international judges and collaborate with Australian ecosystem leaders to identify the top startups. Finalists will receive…
Melbourne based Planet innovation tops the AFR 50 Most Innovative Companies 2016 list
Every year millions of people die or become gravely ill from infectious diseases such as influenza, HIV, Chlamydia and Zika virus. Currently, 80 per cent of all tests for infectious diseases involve taking a patient sample and sending…
Fight Club – A Personal Account of Immunotherapy Treatment in Melbourne
A personal journey illustrating the potential benefits of immunotherapy and also featuring several leading oncology practitioners based in Melbourne When Steven Jones-Evans was diagnosed with bladder cancer, the prognosis was grim. His only hope was new – and expensive…
He makes 3D skull and bone implants but now he’s in pain
Melbourne neurosurgeon Paul d’Urso founded Anatomics 20 years ago to make customised 3D print cranial implants. With the advent of new, stronger materials such as powdered titanium Anatomics has expanded the range to load bearing spinal, heel and…
Medicinal cannabis startup LeafCann hopes to secure first Australian licence to establish trial crops in regional Victoria
Since Victoria has become the first Australian state to legalise the manufacture and supply of cannabis for medicinal and scientific purposes, cultivators have begun the lengthy process of securing an Australian licence. Chris Nasr is one such cultivator…
Alzheimer’s disease drug study by Melbourne researchers shows promise
A trial of a new drug to treat Alzheimer’s disease has revealed it to be safe and well tolerated in patients, while showing promising signs it could slow the spread of the neurological disease.Patients diagnosed with the most…
Federal government’s Biomedical fund addresses market failure
Venture capitalists and institutional investors are keen to back a new $250 million federal government venture fund that aims to invest in promising biomedical discoveries and keep funding them until they become global giants.The Biomedical Translation Fund (BTF),…
Medicinal cannabis one step closer for Victorian patients
Victorian patients are one step closer to accessing medicinal cannabis with the Victorian Government’s horticultural trial entering its second phase and a new Independent Medical Advisory Committee now in place. Premier Daniel Andrews joined Minister for Health Jill…
Preparing For Proton Beam Therapy Cancer Boost
Victoria has provided $50 million in funding towards establishing a National Proton Beam Therapy Centre for the treatment of cancer in Melbourne. Minister for Health, Jill Hennessy, made the announcement while touring the construction of University College London…
