Queensland Life Sciences Industry Report 2012 (PDF, 3.5MB)

Queensland Life Sciences Industry Report 2012
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2.16 Estimates for the Therapeutic Medicines and Devices Sector — 2007 to 2011
TABLE 6: Queensland TMD sector: whole of industry estimates 2007 — 2011
2007 Survey* 2009 Survey 2011Survey Difference 2009-2011 CAGR 2007-2011
TMD Employment (FTEs)
All TMD Sector 7939 9802 6086 -37.9% -6.4%
Companies ND 9682 5859 -39.5%
Research Organisations
TMD Income ($m)
ND 120 227 89.0%
All TMD Sector $2234 $2758 $2696 -2.3% 4.8%
Companies ND $2750 $2679 -2.6%
Research Organisations
TMD Expenditure ($m)
Total Expenditure ($m)
ND $7 $17 143.0%
All TMD Sector ND $2930 $2851 -2.7%
Companies ND $2923 $2834 -3.0%
Research Organisations
Wage and Salary Expenditure ($m)
ND $7 $17 143%
All TMD Sector $287 $691 $1057 53.0% 38.5%
Companies ND $685 $1044 52.4%
Research Organisations
R&D Expenditure ($m)
ND $6 $13 117.0%
All TMD Sector ND $253 $147 -41.9%
Companies ND $247 $147 -40.5%
Research Organisations
Capital Expenditure ($m)
ND $6 - -
All TMD Sector $235 $80 $475 493% 19.2%
Companies ND $78 $470 502%
Research Organisations
* Queensland TMD Survey 2007;
ND = not determined
ND $2 $5 150%
Numbers may appear inconsistent due to rounding.
An estimated 6086 FTEs were employed in the TMD sector.
Companies in the TMD sector showed a major decline in estimates for employment (down almost 40%) but only marginal
decreases in total income and total expenditure. R&D expenditure was down substantially (by 40.5%) but a 52.4% increase
in estimates for wages and a marked increase in capital expenditure balanced this out.
Given that there were only two research organisations deemed to be in the TMD sector there are no comments made on
the difference between estimates from 2009 and 2011.