Biotech down under

Brian Leedman, VP investor relations at Australian biotech company Psivida, tells "Globes" what the Australian and Israeli industries have in common. As Israelis, we often think of ourselves as a highly significant player in the high-tech industry and, to a certain extent, also the biotech industry. It seems to us that everyone has heard of us and sees us as the East side of Silicon Valley. So it is a somewhat eye-opening experience to discover that several other countries also feel the same way, and we weren't even aware of this at all. How many of you have ever heard, for instance, of the leading role played by Western Australia? "The biotech community in Western Australia is slightly smaller than that in Israel, but we have a tremendous entrepreneurial spirit, because this is an isolated region and people have to look out... [read full story]