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VICTORIA’S
CYCLING STRATEGY
GOAL: MORE VICTORIAN’S
CYCLING, SAFELY
2016 – 2017 Action Plan
MEDTECH AND
PHARMA SECTOR
STRATEGY
VICTORIAN GOVERNMENT ACTIONS
SINCE MARCH 2016
Grant Funding
•	 $10m contribution to the $80m BioCurate initiative,
to accelerate drug development
•	 $365K Future Industries Manufacturing grant to Medical
Developments International to help build and fit out
a new facility
•	 $266K Future Industries Manufacturing grant to IDT Australia
towards new lab equipment
•	 $92K towards STEMM Central Bootcamp
•	 $50K Victoria-Israel Science, Innovation and Technology
Scheme grant to Walter and Eliza Hall Institute to work
on combining cancer therapies to combat bowel and
other cancers.
International engagement
•	 Support for 70+ participants on a mission to the
BIO International Convention in San Francisco
•	 Funded BioMelbourne Network to lead the AdvaMed
mission to Minneapolis and Boston
•	 Sponsored the Advamed Innovation Showcase
Scholarship, won by MyGolgi
•	 Premier met with medtech/pharma stakeholders
in Boston
•	 Hosted international delegates through the Victoria
Invitation Program in March
•	 Supporting international delegates to AusBiotech
in October, through the Victoria Invitation Program
•	 Funded VESKI Innovation Fellowship (awarded
to Prof Jon Shah)
•	 Announced a new Victorian Government Business Office
in Santiago, Chile
•	 Hosted delegates from the Japanese Forum for Innovative
Regenerative Medicine
•	 Hosted major international life science venture capital
fund visiting Melbourne
•	 Articles in BioBusiness magazine (Canada), Scientific
American Worldview and the Japanese BioIndustry
Association Magazine
•	 New sector capability statements & collateral
(www.invest.vic.gov.au)
Support for events
•	 BioMelbourne Network
Connecting Women Lunch
•	 BioFest 2016, Australia’s largest
ever life sciences gathering
•	 Australia-China Complementary
Health Products Expo
•	 International Congress
of Immunology
•	 International Network of
Research Management
Societies 2016 Congress
•	 Biomedical Breakthroughs
exhibition at Melbourne Museum
•	 CSIRO Protein Expression
Workshop
•	 Graeme Clarke Oration
•	 Secured AusMedtech
for Melbourne in 2017
Programs
•	 Sector Growth Program
launched, providing grants
of up to $1m
•	 Victoria-Israel Science,
Innovation and Technology
Scheme (VISITS) open, providing
grants of up to $250K.
•	 Applications continue to be
received for Future Industries
Manufacturing Program
(grants of up to $500K)
and Local Industries Fund
for Transition (grants
of up to $1m)
•	 LaunchVic established, and first
round of funding announced
for incubators, accelerators
and co-working spaces
•	 Governor of Victoria
Export Awards, Health
and Biotechnology category
•	 Victorian Manufacturing
Hall of Fame (CSL Behring
winning Manufacturer of the
Year for Large Business)
•	 Support for Victoria Prize for
Science and Innovation and
the 2016 Victoria Fellowships
•	 Support for Bridge to
MassChallenge, a global
startup accelerator program
Strategies
•	 Victoria’s Health and Medical
Research Strategy 2016-2020
•	 Victoria’s International Health
Strategy 2016-2010
•	 Victorian Cancer Plan 2016-2010
Other
•	 Development of an
industry-led training
package for pharmaceutical
manufacturing commenced
•	 Extensive engagement
with medtech sector towards
development of a future
medtech initiative
•	 $1b Victorian Comprehensive
Cancer Centre opened
•	 The Ian Potter Centre for
New Cancer Treatments
announced, focussed on
translating research into
clinical practice
•	 Facilitated several clinical
trials for Victoria
•	 $50m towards establishment
of National Proton Beam
Therapy Centre
•	 Submission as part of
Medical Research Future
Fund consultation
•	 Access to Medicinal Cannabis
Act 2015 passed by Parliament
•	 Ongoing work with other
jurisdictions to make the
regulatory environment more
conducive to innovation.
DEDJTR10233/16

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WIPO magazine issue -1 - 2024 World Intellectual Property organization.
 

Medtech & pharma sector strategy - 6 months of progress

  • 1. VICTORIA’S CYCLING STRATEGY GOAL: MORE VICTORIAN’S CYCLING, SAFELY 2016 – 2017 Action Plan MEDTECH AND PHARMA SECTOR STRATEGY VICTORIAN GOVERNMENT ACTIONS SINCE MARCH 2016 Grant Funding • $10m contribution to the $80m BioCurate initiative, to accelerate drug development • $365K Future Industries Manufacturing grant to Medical Developments International to help build and fit out a new facility • $266K Future Industries Manufacturing grant to IDT Australia towards new lab equipment • $92K towards STEMM Central Bootcamp • $50K Victoria-Israel Science, Innovation and Technology Scheme grant to Walter and Eliza Hall Institute to work on combining cancer therapies to combat bowel and other cancers. International engagement • Support for 70+ participants on a mission to the BIO International Convention in San Francisco • Funded BioMelbourne Network to lead the AdvaMed mission to Minneapolis and Boston • Sponsored the Advamed Innovation Showcase Scholarship, won by MyGolgi • Premier met with medtech/pharma stakeholders in Boston • Hosted international delegates through the Victoria Invitation Program in March • Supporting international delegates to AusBiotech in October, through the Victoria Invitation Program • Funded VESKI Innovation Fellowship (awarded to Prof Jon Shah) • Announced a new Victorian Government Business Office in Santiago, Chile • Hosted delegates from the Japanese Forum for Innovative Regenerative Medicine • Hosted major international life science venture capital fund visiting Melbourne • Articles in BioBusiness magazine (Canada), Scientific American Worldview and the Japanese BioIndustry Association Magazine • New sector capability statements & collateral (www.invest.vic.gov.au)
  • 2. Support for events • BioMelbourne Network Connecting Women Lunch • BioFest 2016, Australia’s largest ever life sciences gathering • Australia-China Complementary Health Products Expo • International Congress of Immunology • International Network of Research Management Societies 2016 Congress • Biomedical Breakthroughs exhibition at Melbourne Museum • CSIRO Protein Expression Workshop • Graeme Clarke Oration • Secured AusMedtech for Melbourne in 2017 Programs • Sector Growth Program launched, providing grants of up to $1m • Victoria-Israel Science, Innovation and Technology Scheme (VISITS) open, providing grants of up to $250K. • Applications continue to be received for Future Industries Manufacturing Program (grants of up to $500K) and Local Industries Fund for Transition (grants of up to $1m) • LaunchVic established, and first round of funding announced for incubators, accelerators and co-working spaces • Governor of Victoria Export Awards, Health and Biotechnology category • Victorian Manufacturing Hall of Fame (CSL Behring winning Manufacturer of the Year for Large Business) • Support for Victoria Prize for Science and Innovation and the 2016 Victoria Fellowships • Support for Bridge to MassChallenge, a global startup accelerator program Strategies • Victoria’s Health and Medical Research Strategy 2016-2020 • Victoria’s International Health Strategy 2016-2010 • Victorian Cancer Plan 2016-2010 Other • Development of an industry-led training package for pharmaceutical manufacturing commenced • Extensive engagement with medtech sector towards development of a future medtech initiative • $1b Victorian Comprehensive Cancer Centre opened • The Ian Potter Centre for New Cancer Treatments announced, focussed on translating research into clinical practice • Facilitated several clinical trials for Victoria • $50m towards establishment of National Proton Beam Therapy Centre • Submission as part of Medical Research Future Fund consultation • Access to Medicinal Cannabis Act 2015 passed by Parliament • Ongoing work with other jurisdictions to make the regulatory environment more conducive to innovation. DEDJTR10233/16