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Treasurer and Minister for Investment The Honourable Cameron Dick
Coolum-based company Australian Biotherapeutics has kicked off the local manufacturing of biotherapeutic and pharmaceutic products for global export thanks to support from the Palaszczuk Government.
Treasurer and Minister for Investment Cameron Dick said the company’s facility at Suncoast Business Park was built with support from the Queensland Government’s $150 million Advance Queensland Industry Attraction Fund.
“Development of this state-of-art Sunshine Coast facility will create up to 25 high-skilled jobs over the next five years and deliver almost $10.4 million in capital expenditure locally,” Mr Dick said.
“Research scientists and engineers will work alongside quality assurance and business development experts to manufacture locally-made biotherapeutics products in one of the world’s fastest-growing industries.