BiotechnologyBiotechnology is regarded as one of the keys to Victoria's future prosperity with the potential to generate enormous economic, health and environmental benefits.
The State Government supports the development and commercialisation of biotechnology research as part of its drive to establish Victoria as one of the leaders in the new global 'knowledge economy'. In May 1999, the Government announced a five-year, $A310 million commitment to science, technology and innovation aimed at renewing and extending technology skills and infrastructure. Over the five years to 2004/5 the Government has committed over $A320 million to biotechnology to underpin this important sector.
Victoria is the centre for biotechnology business in Australia. The State has a long history of generating groundbreaking research and development. Many of its researchers have received international acclaim for their scientific and medical work, including several Nobel prizes. More recently Victorian research has been responsible for some of the world's most innovative biotechnology developments:
Colony stimulating factors G-CSF and GM-CSF help protect cancer patients from bone marrow damage caused by high-dose chemotherapy.
Pioneers in in vitro fertilisation (IVF) technology.
Relaxin is a hormone that plays an important role in pregnancy and childbirth.
Victoria has a proven record as the 'number one' State for biotechnology in Australia, particularly in the areas of health and agriculture. Victoria boasts more dedicated biotechnology companies than any other Australian State. Its reputation has led several global biotechnology companies to choose Victoria as their base (CSL Ltd, Bristol-Myers Squibb, GlaxoSmithKline, Aventis and Nufarm).
Victoria is the hub of national biomedical research with the largest concentration of research institutes, and the highest spending on medical and health R&D. Melbourne, Victoria's capital, is internationally recognised as a centre of excellence in medical research. Melbourne is home to 22 non-profit medical research institutes, seven major teaching hospitals and nine universities. Exciting projects like the new $A400 million biomedical and research precinct - Bio21 - build on Victoria's strong and competitive research base.
visit our partner sites
careersthatgo - http://www.careersthatgo.com.au
A website providing career and course information in science, maths, technology and engineering.
health - http://www.dhs.vic.gov.au and http://www.foodsafety.vic.gov.au
Biotechnology information related to health, safety and ethics information at the Department of Human Services.
innovation - http://www.innovation.vic.gov.au
The Victorian Government Science, Technology and Innovation web site.
investment - http://invest.vic.gov.au
Find out about investment in Victorian biotechnology through the Investment unit of the Department of Innovation, Industry and Regional Development.
natural resources and environment - http://www.nre.vic.gov.au
Biotechnology information about agriculture, food and the environment can be found by following the Science and Research links at the Department of Natural Resources and Environment homepage.
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