R&D boost much needed & long overdue

The budget's $234 million boost to support business research and development is a “clever” investment that is bound to ripen hefty returns. Brad Duft, president of CoDa Therapeutics, a company operating locally and in the US, told the National Business Review  that New Zealand has tremendous potential in the biotechnology sector as while offering world-class scientists and facilities it is much cheaper to run clinical trials here.

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