Biodiscovery and business
The Queensland Government has released a biodiscovery options paper for public consultation. Find out more about the options paper and how to provide your feedback. Consultation closes at midnight on Friday 15 February 2019.
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.