Biotechnology sector guide for the R&D Tax Incentive
Last Updated: 13 January 2023
Biotechnology covers the areas of life sciences, industrial processing, agriculture and environment.
Biotechnology may provide solutions in:
- food technology
- clean technology
- fuel alternatives
- molecular electronics
- improving human health through therapeutics and medical technology.
Read our guides and watch our videos to help you to self-assess the eligibility of your biotechnology activities under the R&DTI.
Biofnatics
Watch how a company making and testing a new type of biodegradable coronary stent may be eligible for the R&DTI.
Biotechnology and the R&D Tax Incentive
Biotechnology and the R&D Tax Incentive
Clinical trials determination
If you are conducting phase 0, I, II, III, pre-market pilot or pre-market pivotal stage clinical trials for an unapproved therapeutic good in Australia, you can use the Industry Research and Development (Clinical Trials) Determination 2022 - external site.
You will only need to show that your activities are covered by the determination rather than explaining how they meet all of the core R&D activity requirements.
Customer story - Australian Investment Council
Listen to Robyn Tolhurst, Manager of the Australian Investment Council, discuss the benefits of the Clinical Trials determination.
