‘Good science into products’: Cochlear, CSL celebrate patents win in budget

Biotech heavyweights Cochlear and CSL are celebrating a long-fought win for concessions that would see income from Australian patents for biotechnology products taxed at a lower rate. Tuesday’s budget papers unveiled plans for a ‘patent box’, a policy to make income earned from Australian-developed and registered patents taxed at a concessional rate of 17 per cent […]