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ARTICLE · 19 NOVEMBER 2018

Navigating Continuous Disclosure In The Life Sciences Sector

Continuous disclosure obligations cause difficulties for many listed organisations. These difficulties are further amplified in the life sciences sector ...

AustraliaCorporate/Commercial Law

Continuous disclosure obligations cause difficulties for many listed organisations. These difficulties are further amplified in the life sciences sector where entities need to communicate complex scientific information to investors and are faced with long regulatory and reimbursement timelines making determinations on how and when to disclose information to the market, under ASX Listing Rule 3.1 more challenging.

These challenges drove the development of the 'Code of Best Practice for Reporting by Life Science Companies' (the Code) by ASX, Ausbiotech and other key representatives in the life science sector.

Life science entities should closely follow the Code as it focuses on the key drivers of value for the sector, providing a recommended disclosure framework.

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