30 Apr Chronicle Counsel: Medical Technologies & Pharmaceuticals on the Coast
From Gosford in the south to Taree north and Murrurundi in the west, there is a concentration of over 50 companies operating in the MTP sector. The density of these firms creates a defined precinct on Australia’s east coast, north of Greater Sydney that has access to world-class research facilities, two Local Health Districts and the benefits of simple logistics and supply chains.
These companies work to improve human and animal health, are highly collaborative – 88% collaborate with universities and have established local, national and global markets. They directly support 8,187 jobs (headcount not FTE) while many more thousands of people are employed in the public and private health services, the University of Newcastle and medical research institutes.
Research and innovation are key drivers of economic growth, so if you’re interested in learning more, you can read a full roadmap about the Medical Technologies & Pharmaceuticals: A Growth Sector for the Hunter Central Coast Region plan -simply click here.
Our thanks to Regional Development Australia Central Coast for this information, if you’d like to join Central Coast Chronicle’s business platform, CLICK HERE.