CSL Annual Report 2023

CSL Limited Annual Report 2022/23 10 2 Our Company CSL’s R&D Pipeline CSL’s world-class R&D organisation continues to advance as a biotechnology leader by delivering high-quality science and technologies developed by our own highcalibre scientists and innovative collaborations. CSL R&D uses its expertise in CSL’s strategic platforms – plasma protein technology; recombinant protein technology; cell and gene therapy; and vaccines technology. This means CSL can develop and deliver innovative medicines and vaccines that address unmet medical needs, help prevent infectious disease and protect public health, and help people lead full lives. CSL’s strong R&D pipeline includes potential new treatments that use these platforms and align with its leading-edge scientific expertise and commercial capabilities across CSL’s six therapeutic areas: immunology; haematology; cardiovascular and metabolic; respiratory; transplant; and vaccines. The addition of CSL Vifor allows the R&D team to build on a heritage and expertise in iron deficiency therapy and grow CSL’s presence in nephrology, with a focus on dialysis and rare disease. In 2022/23 CSL invested US$1.2 billion* in R&D across its three businesses. Looking towards 2030, R&D continues to strive to deliver on the current portfolio of prospective medicines and vaccines and build a full and innovative pipeline that has the potential to make a meaningful difference to the lives of patients and to public health. This pipeline is intended and expected to contribute new revenue streams well into future decades. * Limited assurance by Ernst & Young

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