The Andrews Labor Government is fast-tracking innovative mRNA research projects with grants for Victorian scientists.
Minister for Innovation, Medical Research and the Digital Economy Jaala Pulford today announced the first round of recipients from the mRNA Victorian Research Acceleration Fund (mVRAF), with almost $2 million shared across 12 projects.
Successful recipients include a research partnership between Monash University and Alfred Health to develop a liptotide-based nanoparticle (LBPN) RNA delivery technology for muscular dystrophy, a disease that impacts 1 in 20,000 children.
The Florey Institute of Neuroscience and Mental Health will also partner with Monash University, receiving a grant to help them develop an mRNA vaccine for the treatment of Alzheimer’s disease.
The mRNA grants are part of the Labor Government’s $50 million commitment to establish a world-class mRNA industry in Victoria by supporting projects developing artificial intelligence technology, next generation manufacturing, safety testing and alternative vaccine delivery methods (needle-free technology), an official press release said.
Victorian scientists and manufacturers recently also created Australia’s first mRNA COVID-19 vaccine candidate—Australia’s first ever mRNA drug product—in just five months, with clinical trials now underway.
Victoria will soon become the first place in the southern hemisphere to manufacture mRNA vaccines, with Moderna set to establish a large-scale manufacturing facility in Melbourne.
The Government has invested $1.3 billion in medical research since 2014, including up to $400 million for the establishment of the Australian Institute for Infectious Disease.
Government investment in the medical research sector has helped create more than 73,000 direct and indirect full-time equivalent jobs.
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