register

News & Trends - Biotechnology

NSW leads the way in gene and cell therapy

Health Industry Hub | December 17, 2019 |

A $25 million NSW Government facility will give patients with genetic diseases, cancers and viral infections across Australia faster access to ground-breaking trial therapies.

Minister for Health and Medical Research Brad Hazzard, Minister for Jobs, Investment, Tourism and Western Sydney, Stuart Ayres and Member for Parramatta Geoff Lee today announced the NSW Government is investing $25 million to build an advanced viral vector manufacturing facility at the Westmead Health and Innovation Precinct.

“A global shortage in manufacture of viral vectors and plasmids – key components of gene and cell therapies – has led to a two year wait worldwide,” Mr Hazzard said.

“This facility will produce clinical grade viral vectors on our home ground, significantly cutting waiting times for patients across Australia to give them the best health outcomes.”

NSW Health’s Western Sydney Local Health District and Sydney Children’s Hospitals Network have partnered with the University of Sydney to establish the facility.

Mr Ayres said the Westmead Health Precinct is one of the largest health, education, research and training precincts in Australia and a key provider of jobs for the greater Parramatta and Western Sydney region.

“The NSW Government will seek to unlock the opportunities within the Westmead Health and Innovation Precinct in order to grow sectors and industries, like gene and cell therapies, which have the potential to attract a significant number of jobs, spur innovation and help to save lives and cure diseases.”

Mr Lee said the manufacturing facility is not only a tremendous boost for Parramatta but will reinforce NSW’s position as a global leader in developing gene and cell therapies.

“Parramatta will proudly house the manufacturing hub for new treatments for diseases such as spinal muscular atrophy, the leading genetic cause of infant death in Australia,” Mr Lee said.In 2019-20, the NSW Government is investing $108 million in medical and scientific innovation, including further support for researchers in this area.

Register FREE to receive the latest news, innovations and insights from Health Industry Hub; the only one-stop-hub connecting Australia’s Pharma, MedTech and Biotech industry professionals and its key stakeholders.

Differentiate your business, build thought leadership and boost network growth by reaching the Australian Pharma, MedTech and Biotech industry professionals. Health Industry Hub offers unique solutions to vendors and suppliers servicing the industry.


News & Trends - Biotechnology

Aussie biotech secures agreement with UQ and USyd to advance cardiovascular diseases research

Aussie biotech secures agreement with UQ and USyd to advance cardiovascular diseases research

Health Industry Hub | July 26, 2024 |

Biotech News: Australian biotechnology company, Cartherics, developing immune cell therapies for the treatment of cancer, has entered into a Technology […]

More


News & Trends - MedTech & Diagnostics

NSW Health Secretary urges more focus on patient experience, drawing from her own heart valve disease journey

NSW Health Secretary urges more focus on patient experience, drawing from her own heart valve disease journey

Health Industry Hub | July 26, 2024 |

In a heart-warming event that united patients, their loved ones, representatives from patient organisations and employees, Edwards Lifesciences hosted its […]

More


Human Resources

'To be an inclusive society, we need an embedded national strategy to combat systemic racism', says Commissioner Sivaraman

‘To be an inclusive society, we need an embedded national strategy to combat systemic racism’, says Commissioner Sivaraman

Health Industry Hub | July 26, 2024 |

Race Discrimination Commissioner Giridharan Sivaraman has welcomed the release of the Multicultural Framework Review by the Federal Government, calling it […]

More


News & Trends - Pharmaceuticals

New shingles vaccine is linked with lower risk of dementia

Shingles vaccine lowers risk of dementia

Health Industry Hub | July 26, 2024 |

Pharma News: A recombinant shingles vaccine which was added to Australia’s National Immunisation Program (NIP) in November last year, is […]

More


This content is copyright protected. Please subscribe to gain access.