Probiotic expands manufacturing with packaging buy

Pharmaceutical company Probiotic (ASX: PBP) has increased its manufacturing footprint with the purchase of Sydney packaging company ABS, formally Australian Blister Sealing. Probiotic paid $23 million for the 40-year-old Seven Hills company which provides contract packaging services for the pharmaceutical and food sectors, including bottle filling, labeling and blister packaging. Probiotic managing director, Wes Stringer…

Patent Box a generational opportunity for Australian industry

By Forum member Barry Thomas, Cook Medical   As an exporting medical devices company that employs more than 600 people, Cook Medical has long been a champion for tax reform to stimulate innovation and manufacturing.   Recent comments by the federal treasurer that the government would take a “close look” at a Patent Box scheme…