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"Australia has some of the basic building blocks, including an “abundance of world class universities and an abundance of world class intellectual property. It also has an abundance of CROs (contract research organisations) to develop late stage assets.
What we don’t have is the piece in the middle which is the preclinical experience to develop these early stage assets and the investors to fund it.”
Proto Axiom is set to announce its first major investment with a second expected early next year.
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About Proto Axiom
IdeaSpies
Jonathan Chrimes