NEW ZEALAND BIOTECHNOLOGY INDUSTRY OVERVIEW 2008 BIOTECHNOLOGY INDUSTRY GROWTH REPORT PREVIEW Bronwyn Dilley Chief Exec

1. NEW ZEALAND BIOTECHNOLOGY INDUSTRY OVERVIEW 2008 BIOTECHNOLOGY INDUSTRY GROWTH REPORT PREVIEW Bronwyn Dilley Chief Executive, NZBIO

2. INTRODUCTION • NZBIO is New Zealand’s national life sciences industry association • Formed in 2003 NZBIO represents over 300 members and works closely with industry & government to facilitate the development of the life sciences sector in NZ • The 2008 Biotechnology Industry growth Report is just the 2nd such report produced to track the development of the life sciences sector in NZ • NZBIO thanks New Zealand Trade & Enterprise, the Ministry of Research Science & Technology and LEK Consulting for their assistance in developing the report.

3. NZ BIOTECHNOLOGY • New Zealand’s biotechnology sector is built on a century of world class biological research. We have a long tradition of applying research to pastoral and arable farming, horticulture, forestry and human healthcare. • New Zealand is now reaping the benefits of improvements in primary production, and from new high-value products. There are also a growing number of companies whose core business is biotechnology. These are high technology companies developing a range of novel products and services for global markets.

4. KEY CAPABILITIES • Drug Discovery • Large Animals • Plants • Innovative Foods • Agritechnologies • Bioremediation • Bioprocessing/Biomanufacturing

5. ORGANISATIONS • 33% increase in number of organisations • Total of 168 Organisations in 2007 • 36 Research Sector • 39 Active • 90 Core Biotechnology Organisations

6. EMPLOYMENT • 78% increase in core biotechnology sector employees • Primarily in PhD & Tertiary qualified employees

7. INCOME • 23% per annum growth in total income • $276m income generated in 2007 • Net profit of the sector has more than doubled since 2005

8. EXPORTS • Export revenues increased by over 35% per annum • Export revenues totalled $104m in 2007 • Multiplier effect: 2.41 jobs created in the broader economy for every full time job in the biotech sector

9. FUNDING • 23 VC & PE Deals in 2007 representing $67m (almost triple investment in 2005) • Primary focus on human health & food biotechnology (>30 deals 2005-2007) • Total VC & PE funding in NZ is increasing with the primary investment area being health/ biosciences

10. INTELLECTUAL PROPERTY • Patent volume has increased 9% p.a. • 230 patents granted 2005-2007 • ~75 organisations released new or significantly improved products & services in 2005-2007

11. APPLICATIONS • The sector is broad based spanning the entire bioeconomy • Animal Based Biotech • Plant Based Biotech • Innovative Foods • Bioprocessing/ biomanufacturing • Marine Biotech • Environmental Biotech • Biomedical Science • Integration of emerging technology

12. WHY NEW ZEALAND?

13. THANK YOU! The 2008 Biotechnology Industry Growth Report will be released May 2009 Contact christine.ross@nzbio.org.nz for access to the full report www.nzbio.org.nz