The UN “Convention on Biological Diversity” defines biotechnology as:

". . . any technological application that uses biological systems, living organisms, or derivatives thereof, to make or modify products or processes for specific use."

A number of industries would therefore fall under the banner of biotechnology, including:

•  Agricultural Biotechnology

•  Aquaculture/Marine Biotechnology

•  Environment

•  Food Production and Processing

•  Forest Products

•  Human Health

•  Industrial Biotech and General Biochemicals/Fine Chemical Feed Stock

 

The Biotechnology Industry in Australia

The Australian biotechnology industry represents a diverse range of industry. Many of these start-up companies have developed from innovative research work conducted in Universities, hospitals and research institutes.

Whilst the Australian biotech industry is still in its infant stages, it is growing rapidly and offering many opportunities for those interested and willing to be part of it.