The WA Government, CSIRO and the University of Western Australia (UWA) have signed a MOU to explore the opportunity to activate CSIRO's Floreat site into a new biomedical industry precinct.
The MOU signing was acknowledged by the Hon. Stephen Dawson, Minister for Medical Research, with UWA, CSIRO and industry representatives at a media event on Friday 20th September.
CSIRO's current Floreat site has infrastructure capacity that this MOU will now facilitate for biomedical industry use, resulting in industry clustering and fostering growth and sustainability. Proximity to the UWA/QEII medical precinct will also be leveraged to link biomedical companies with academia and research.
The WA Government's Diversify WA Strategy recognises the importance of growing the Health and Medical Life Sciences industry sector as a priority sector to strengthen Western Australia's economy.
This new MOU is fundamental to helping create a vibrant local biomedical innovation precinct that will advance Western Australia's medtech manufacturing and generate global export opportunities.
There will be a call for expressions of interest (EOI) from WA Biomedical companies interested in activating the Floreat site which will inform the future framework and the use of the site.
