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Are there many therapeutics startups in Australia? I remember seeing a decent amount of diagnostics / device pitches from australian companies (or device firms
by aaavl2821 9y ago
Are there many therapeutics startups in Australia? I remember seeing a decent amount of diagnostics / device pitches from australian companies (or device firms that listed on ASX) but don't remember seeing many drug developers (not that I have a large sample size to draw from). If there are interesting therapeutics startups in Australia I am sure that US biotech VCs would take a look, as there is a bit of a crowded series a market here (lots of VC money but not many good seed-stage startups) and many VCs are looking to europe for science or startups
- danieltillett 9y agoThere are a few, but not many. You will find it a lot easier to pitch a diagnostic or device startup than a tradition therapeutic startup. I think the major killer here is the distance - Australia is just so far from anywhere other than NZ.