Biotechnology companies in Western Australia have posted checkered results of late, but Subiaco-based bio-pharmaceutical company Phylogica Ltd has defied the trend through its business model, according to co-founder Paul Watt.

Biotechnology companies in Western Australia have posted checkered results of late, but Subiaco-based bio-pharmaceutical company Phylogica Ltd has defied the trend through its business model, according to co-founder Paul Watt.