- Government invests $100,000 into local health
and medical life sciences companies
- Grants of
up to $5,000 per business are available
- WA
delegation heads off to represent WA at AusBiotech 2023 in Brisbane
The Cook Government has invested $100,000 towards the second round
of the Market Access Grant Scheme (MAGS) to support local health and medical life
sciences companies to travel to major industry conferences.
The announcement comes as Medical Research Minister Stephen Dawson
leads a delegation of nine local companies to attend the AusBiotech 2023 in
Brisbane to showcase WA's burgeoning health and medical life sciences industry.
Minister Dawson said the MAGS would provide funding up to
$5,000 (on a co-contribution basis) to eligible local health and life sciences
companies to support their travel arrangements to major industry conferences
and business events next year.
The inaugural round of MAGS was launched in March and
awarded funding to 20 local life sciences companies to engage with
international investors, partners and potential customers at industry forums
held interstate and overseas.
The grants assist eligible companies to advance their
businesses and products, help facilitate the formation of new business
relationships, and showcase local industry talent through attendance at
interstate and international conferences and events.
The AusBiotech conference, which starts today in Brisbane, is a
forum for Australian and international industry leaders to discuss the latest
research, technologies, challenges and market access strategies across biotech,
medtech and agri-tech.
The WA delegation to AusBiotech builds on momentum from the
successful AusBiotech 2022 Conference held in Perth last year. A WA delegation
participated in key global biomedical conferences this year including BIO in
Boston, the MedTech Conference in Anaheim, and AusMedtech in Adelaide.
The second round of the MAGS will open at 9am (AWST) on
Tuesday, 31 October and will remain open until the available funds are
expended.
For more information about the MAGS, please visit:
https://www.wa.gov.au/service/business-support/industry-assistance-schemes/health-and-medical-life-sciences-industry-market-access-grant-scheme-2024
Comments attributed to Medical Research Minister Stephen
Dawson:
"Western Australia's world-class health and medical life sciences
industry is on show at AusBiotech 2023, and through MAGS we hope our local
companies can continue to shine on an international stage.
"The Cook Government is keen to build on this momentum and
showcase more of our local talent to global audiences.
"WA is already recognised as an important player in health
and medical life sciences, and our continued support is vitally important to
keep profiling our digital health, medical technology, biotechnology,
pharmaceuticals and health and wellness products.
"Our local businesses are amazing and are busily creating life-changing
medical technologies that will someday enable millions of people to live
longer, healthier, and lead more productive and rewarding lives."
The WA Delegation to AusBiotech includes the following organisations:
- Reliis
- Emyria
- Proteomics International
- Telethon Kids Institute
- Argenica Therapeutics
- DUG Technology
- Linear Clinical Research
- Recce Pharmaceuticals
- Resonance Health Analysis Services
