Great news is continuing to emerge from the Australian biotech sctor.

We are glad to see that one of our clients, Acrux, is leading the charge as it continues to build a cogent story for its investors and the market.

Equally pleasing is the rapid progress of Universal Biosensors (sadly, not a client!). This company is, in our opinion, the pin up of what innovation can mean - in any industry, in any country.

The clear line of sight that UBI’s management have developed between the value they create for the customer and the application of capital is world leading. The way innovation has been built into the business and ensures that all value is captured is not only remarkable but inspiring for all those seeking to drive innovation within their organisations.

This is a big rap, however, when you come across a firm that has actually managed to capture what innovation is ‘meant to be about’ and put it into cogent strategy that delivers strong returns, it really stands out.