01.06.2013 Views

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

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

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

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

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

52<br />

8.THE LISTED LIFE SCIENCES SECTOR<br />

“Eight of the 102 <strong>Life</strong> <strong>Sciences</strong> companies listed on the Australian Stock<br />

Exchange at 30 June 2011 were located in <strong>Queensland</strong>.”<br />

8.1 The ASX-Listed Australian <strong>Life</strong> <strong>Sciences</strong><br />

Sector<br />

The BioForum Quarterly Review published by<br />

PricewaterhouseCoopers (PwC), charts the<br />

Australian <strong>Life</strong> <strong>Sciences</strong> Index, which included<br />

102 companies (64 pharmaceutical/biotechnology<br />

and 38 medical devices companies) listed on<br />

the Australian Stock Exchange (ASX) as at 30<br />

June 2011. 74 While the number of ASX-listed <strong>Life</strong><br />

<strong>Sciences</strong> companies fell from 120 at 30 June 2009<br />

to 102 as at 30 June 2011, their combined total<br />

market capitalisation (market cap) grew over this<br />

period (Table 46). The PwC <strong>Life</strong> <strong>Sciences</strong> index grew<br />

by 4% in 2011, compared to 3% in 2009.<br />

In 2010, Australian <strong>Life</strong> <strong>Sciences</strong> companies<br />

dominated the top 50 fastest growing ‘bio’<br />

companies in the Asia Pacific region, with 25<br />

entries, including all of the top five fastest growing<br />

companies. 75 <strong>Queensland</strong> companies, BioProspect<br />

and Anteo Diagnostics were at positions 19 and<br />

37, respectively.<br />

8.2 The ASX-Listed <strong>Queensland</strong> <strong>Life</strong><br />

<strong>Sciences</strong> Sector<br />

Eight of the 102 (7.8%) <strong>Life</strong> <strong>Sciences</strong> companies<br />

listed on the ASX at 30 June 2011 were located in<br />

<strong>Queensland</strong> (Table 47). 77 Of those, four (50%) were<br />

operating in ‘pharmaceuticals, vaccines or drug<br />

discovery’, two (25%) were in the medical devices<br />

and equipment sector and two (25%) were in<br />

biotechnology.<br />

Since the previous QLS survey (to 30 June 2009),<br />

CBio Limited was added to the ASX (Feb 2010) and<br />

three other companies were removed: Occupational<br />

& Medical Innovations Limited was delisted, after<br />

being placed into voluntary administration; Peplin<br />

Limited was acquired by Leo Pharma in Denmark<br />

(Nov 2009) for AU$348.4 million; and Incitive<br />

Limited was purchased by Hawley Oil and Gas in<br />

February 2010, who subsequently demerged their<br />

biotechnology assets. They are, therefore, no longer<br />

part of the <strong>Life</strong> <strong>Sciences</strong> sector.<br />

In 2009, the majority of ASX-listed companies<br />

in <strong>Queensland</strong> (seven of ten companies) were<br />

TABLE 46: Size and market capitalisation of ASX-listed <strong>Life</strong> <strong>Sciences</strong> companies 2009 and 2011 76<br />

Sector 2009 2011<br />

No. Companies Market Cap<br />

($b)<br />

No. Companies Market Cap<br />

($b)<br />

Australian <strong>Life</strong> <strong>Sciences</strong> 120 $31.0 102 $35.0<br />

Pharmaceutical/Biotechnology 73 $22.8 64 $24.0<br />

Medical Devices 47 $8.2 38 $11.0<br />

Australian <strong>Life</strong> <strong>Sciences</strong><br />

(excluding CSL, COH, RMD)*<br />

117 $4.5 99 $9.1<br />

Pharmaceutical/Biotechnology<br />

(excluding CSL)*<br />

72 $3.4 63 $6.6<br />

Medical Devices (excluding COH, RMD)* 45 $1.1 36 $3.0<br />

*CSL = CSL Ltd, COH = Cochlear Ltd RMD = ResMed Ltd.<br />

74 PwC BioForum, Edition 29, Quarter 4 FY09, August 2009. http://www.pwc.com.au/industry/technology/publications/bioforum.htm<br />

75 ‘Asia’s Fastest 50 Companies’, BioSpectrum Asia (October 2011) vol 6, issue 10, page 42. ‘Bio companies’ include Pharma,<br />

Medtech, Biotech and Bioservices companies.<br />

76 PwC BioForum, Edition 29, Quarter 4 FY09, August 2009 and PwC BioForum, Edition 36, Quarter 4 FY11, August 2011.<br />

77 ASX-Listed companies by sector at http://www.asx.com.au/asx/research/listedCompanies.do; Deloitte <strong>Queensland</strong> Index, a review<br />

of <strong>Queensland</strong> listed companies on the Australian Securities Exchange (ASX), 85th Edition.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!