Australia's biotechnology or bio-IT business is worth billions. How does this impact our lives and the Australian economy? ZDNet Australia investigates.
Apple and Toshiba rule the computer hardware of Australia's biotechnology industry, but Dell is set to overtake them in the next year, according to analysis company OmegaBio.
Australian start-up Proteome Systems has teamed up with IBM to land a multi-million dollar deal to provide Charles River Laboratories International with technology related to proteomics, which is the study of protein structure and function.
The IT spending of life sciences companies in Australia and New Zealand is expected to more than double to US$655 million by 2006, according to analyst International Data Corporation (IDC).
Australian small to medium enterprises have a unique opportunity to break into the nascent BioIT industry, according to IDC analyst Philip Fersht.
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