While visiting ANSTO’s Synchrotron, the Australian  Prime Minister Scott Morrison announced new funding for the Australian Precision Medicine Enterprise (APME) Project. The Australian Government will contribute $23m in grant funding under the Manufacturing Collaboration Stream of the Modern Manufacturing Initiative (MMI) towards the $71.2m project.

The MMI is a key element of the Australian Government's Modern Manufacturing Strategy, which aims to help Australian manufacturers scale-up, compete internationally, create jobs and ensure sovereign capability in critical areas including nuclear medicines and targeted pharmaceutical products.

The APME Project brings together industry partners Global Medical Solutions' (GMS) Australia subsidiary, Global Medical Solutions Australia (GMSA), Telix Pharmaceuticals Ltd with Monash University to address the infrastructure shortfall and will enable further development of Good Manufacturing Practice (cGMP) manufacturing of the Australian radiopharmaceuticals manufacturing sector.

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Prime Minister Announces Funding for Precision Medicine

Source: ANSTO