OUR SERVICES

At BuddingTech we provide market intelligence, clinical and regulatory management and strategic advisory services to companies, investors, entrepreneurs and regulators who are ready to embrace the opportunity in the emerging cannabis market.
Strategy Development

 

BuddingTech is experienced in the development of medical cannabis operations in Australia and offers market entry and expansion strategy including navigating legislation, advising on strategy and direction, facilitating partnerships and collaborations, networking and more.

M&A Advisory

 

BuddingTech can assist with buy-side / sell side representation, joint ventures and strategic partnerships for global players entering this market.

Regulatory Managment

BuddingTech has a deep understanding of the legislative system, through to cultivation and manufacturing, licensing, research, product efficacy, patient access, advertising, and education. We can help with deciphering the complex legislative framework and assist with developing an appreciate regulatory strategy.

Research & Development

 

 

BuddingTech offers the full package to execute your R&D. Close relationships with several universities and private clinics put us in a unique position to source the best partner. Our project management services interface between the research and your organisation, ensuring it progresses on time, and on budget. Our R&D tax specialist partnerships will make sure you take full advantage of Australia's generous R&D Incentives.

 

The Benefits of Research in Australia

Australia has developed an extremely favourable environment for industry to conduct research and development.​

  • No Investigational New Drug application

  • Quick approvals (4-6 months faster than FDA)

  • Low cost (in comparison to FDA or EMA)

  • Excellent regulatory framework, with data accepted by FDA, EMA, CFDA & PDMA

  • Excellent health system

  • Generous R&D refunds

  • Large and diverse population

High-Quality Research and Facilities

Australia has a strong reputation for the quality of its scientific and medical research, and is internationally recognised for its highly trained clinical workforce and high-quality data producing research teams.

Australia adheres to the highest level of GCP standards, meaning that Australian clinical data and results are accepted by international regulatory agencies, including the FDA and EMA.

Regulatory Environment

Australia’s regulatory environment uses the Clinical Trial Notification (CTN) process, allowing rapid approval by local HREC / IRB of clinical research sites to conduct early phase clinical trials. The process doesn’t require IND submission prior to commencing the trial, even for First Time in Human or proof of concept studies.

Approval by HRECs generally takes 4-6 weeks, compared to 4-6 months by the FDA.

Diverse Recruitment Pool

Australia has a strong reputation for the quality of its scientific and medical research, and is internationally recognised for its highly trained clinical workforce and high-quality data producing research teams.

Australia adheres to the highest level of GCP standards, meaning that Australian clinical data and results are accepted by international regulatory agencies, including the FDA and EMA.

Investment Incentives

The Australian Government has an extremely generous R&D Tax Incentive, encouraging industry investment.

The Incentive provides a 43.5% refundable tax offset on R&D for companies with an aggregated turnover of less than A$20 million, and 40% for all other eligible companies.

It provides for increased access by international companies. In particular - there is no requirement to hold the IP in Australia.

 
Need more details? Contact us

We are here to assist. Contact us by phone, email or via our Social Media channels.

Investment Scouting

 

 

BuddingTech connects investors and entrepreneurs to the deals and information they need to make the most of this emerging market. If you are looking at investing in the cannabis industry, we can advisor on the best investment opportunities in the marketplace. Additionally, if you are looking to raise capital, BuddingTech has access to a wide range of investors.

 

 

 

 

Copyright 2018 BUDDING TECH PTY LTD

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