On 12 May 2009, the Australian Government released its innovation policy agenda to 2020, Powering Ideas: An Innovation Agenda for the 21st Century.
The agenda draws on the Pharmaceuticals Industry Strategy Group Final Report and other reports.
Elements of the agenda were included in the 2009-10 Budget announcements. Also resulting from the Final Report was consideration of the clinical trials issues by the Clinical Trials Action Group.
Release of Final Report
Senator the Hon Kim Carr issued a media release to announce the release of the Final Report of the Pharmaceuticals Industry Strategy Group (the PISG) on Friday 30 January 2009. The Final Report [PDF 3.7MB] [RTF 1.17MB] and Executive Summary [PDF 912KB] are available to download.
On 26 May 2008, the Minister for Innovation, Industry, Science and Research, Senator the Hon Kim Carr issued a media release to announce the terms of reference [PDF 16KB] for the PISG, which was tasked with examining the drivers and barriers to attracting new internationally competitive and sustainable manufacturing, R&D and clinical trials investment in the pharmaceuticals sector.
The PISG was co-chaired by Dr Brian McNamee, the Chief Executive Officer and Managing Director of CSL.
On 20 October 2008, the Minister issued a media release about the PISG's Directions Paper [PDF 407KB]. The PISG then consulted more broadly and refined its proposals to produce a Final Report.
The PISG provided its Final Report to the Minister in December 2008. The Final Report provides an overview of the Australian and global pharmaceuticals industries, a discussion of the barriers and drivers to investment in the Australian industry, and explores a strategic framework to secure a sustainable future that will deliver a net benefit to Australia.
The PISG was comprised of key industry and union leaders. It met six times: on 7 July, 11 August, 19 September, 24 October, 19 November and 5 December 2008.
For more information about the Pharmaceuticals Industry Strategy Group please contact:
Pharmaceuticals Industry Strategy and Environment
Department of Innovation, Industry, Science and Research
GPO Box 9839
CANBERRA ACT 2601
Tel: +61 2 6213 6398