Biodiscovery and business
Biodiscovery is the examination of native biological material, such as plants, animals, fungi, and micro-organisms, for commercial purposes. The native flora and fauna from our reefs, rainforests, savannas and wetlands provide the basis for a world-class biodiscovery industry that is already developing new bio-products such as medicines and natural pesticides.
Before collecting native biological material from State land or Queensland waters, you will need to develop a biodiscovery plan outlining your intended use of the resources. A biodiscovery plan approved by the Department of Environment and Science is required before a biodiscovery collection authority can be issued.
Before you collect and use the native biological material, you will also need to negotiate a contract (known as a benefit sharing agreement) with the Department of Environment and Science.
This guide provides an overview of biodiscovery in Queensland. It will help you create a biodiscovery plan, apply for a biodiscovery collection authority and negotiate a benefit-sharing agreement with the Queensland Government.