Future Development in Biotechnology

Bio-informatics:
Bio-informatics is the ability to create value from the combined use of biotechnology and computing technology that enables the handling of massive amounts of genetic and DNA sequence information. It is an expensive and highly competitive area in which firms face high costs of market entry.

Proteomics:
Proteomics is the identification of biopharmaceutical product candidates by examination of proteins from the target cell, tissue or organism. This is a capital-intensive process in which Australia has some capacity.