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

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

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<strong>Queensland</strong> <strong>Life</strong> <strong>Sciences</strong> <strong>Industry</strong> <strong>Report</strong> <strong>2012</strong><br />

28<br />

Average for the proportion of effort dedicated to each stage of development (5 respondents).<br />

Stage of Lead Product (Total of nine stages nominated by five companies)<br />

Stage of Top Seven Products (Total of 25 products nominated by five companies)<br />

Animal Health <strong>Industry</strong> Sub-sector<br />

The Animal Health sub-sector appears to be a mature segment of the QLS <strong>Industry</strong> with the majority of total effort (78%)<br />

focussed at the registration/market stage. An average of 22% of total effort in this sub-sector was spent in the development<br />

or testing of new products (discovery/preclinical 12%, clinical testing 10%).<br />

All lead products (100%) and the majority (84%) of the most advanced products reported by companies in this sub-sector<br />

had already reached registration/market stage. This may, in part, reflect the lower regulatory hurdles for the development of<br />

animal health products compared to human therapeutics and medical devices, reducing both the time and cost required to<br />

reach the market.<br />

Average for the proportion of effort dedicated to each stage of development (5 respondents).<br />

Stage of Lead Product (Total of six stages nominated by five respondents)<br />

Stage of Top Seven Products (Total of 25 stages nominated by five respondents)<br />

Complementary Medicines and Functional Foods/Nutraceuticals <strong>Industry</strong> Sub-sectors<br />

The majority of effort by companies from the combined complementary medicines, functional foods and nutraceuticals<br />

sub-sectors was focussed on market readiness/market (64%). However, 31% of effort was focussed on early stage activities<br />

(discovery and proof of concept) and a further 5% in clinical development.<br />

This sub-sector appears to be relatively mature, with 80% of lead products near or at market, these companies are active<br />

in R&D and have a pipeline of products under development with about 21% of lead products and 19% of the most advanced<br />

products still at discovery, proof of concept or clinical development stages.<br />

Average for the proportion of effort dedicated to each stage of development (17 respondents)<br />

Stage of Lead Product (Total of 24 stages nominated by 17 companies)<br />

Stage of Top Seven Products (Total of 96 stages nominated by 17 companies)

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