Premier Bracks Launches the Government of Victoria, Australia's Biotechnology Strategy for the Decade


SAN DIEGO, June 25, 2001 (PRIMEZONE) -- "Our goal is to ensure Victoria's position as one of the world's five top biotechnological centers by 2010," announced the Honorable Steve Bracks, Premier of Victoria, Australia, as he launched his government's Biotechnology Strategic Development Plan at the BIO2001 Convention being held in San Diego, June 24-27.

The plan, which is underpinned by a government investment of $320 million over the next four years, focuses on building a pool of skilled people in science, new product development and commercialization, as well as growing Victoria's science and research infrastructure and capabilities.

"Following the information technology revolution of the past decade, biotechnology is poised to trigger the next global revolution," the Premier said. "And Victoria plans to be one of the global leaders."

Bracks added that a key part of the plan would see the Government actively targeting biotechnology research and commercialization leaders from around the world to establish themselves in Victoria.

Other key aspects include:


 --  Establishment of "Biocomm" a Business Development Agency focused
     on biotechnology;
 
 --  Creating a Biotechnology Skills Taskforce;
 
 -- Starting a dedicated unit within the Department of State and 
    Regional Development to help drive new biotechnology investment
    in Victoria;
 
 -- Providing Government funding to establish a fully integrated 
    biomedical research cluster at Monash University;
 
 -- Supporting the development of BIO21 as Australia's pre-eminent 
    biomedical research center;

 -- Establishing  the national synchrotron facility is located in 
    Victoria; and
 
 -- Working with research organizations, associations and industry to 
    attract major international biotechnology conferences to Victoria.

Treasurer of Victoria, John Brumby, said the Government was actively encouraging the growth of biotechnology companies as well as seeking new investment and partnership opportunities for local and international firms.

Brumby said: "The Biotechnology Strategic Development Plan was developed with input from the research and industry sectors, as well as the broader community. Strong partnership between government, industry, and our education and research institutions is essential if this goal is to be achieved by 2010."

He added that the Government's biotechnology unit, in consultation with all stakeholders, would produce an annual report and update of the plan.

Professor Nick Saunders, Chairman, National Health and Medical Research Council, said the Plan established a clear path for the development of the biotechnology industry in Victoria.

"Its implementation will position Victoria as one of the top five biotechnology centers by the close of the decade," said Saunders.

For more information and to schedule interviews, please contact: Joyce Brubaker at 310.360.1499, or Devon Blaine at 619.571.6782, 213.300.8996 or 619.234.1500 and ask for the Victoria, AU Office, Rm. 2225. Email: blaine@pacificnet.net. Website:www.biotechnology.vic.gov.au


            

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