The Western Australian Government is investing $15 million towards the construction of a state-of-the-art medical research and innovation hub in Perth.
Medical Research minister Stephen Dawson said this new initiative marks a milestone in the State Government’s plan to foster advancements in medical innovation.
The Murray Street hub will be a central city space for collaboration, research, and development, bringing together innovators and researchers from the sector.
“This innovation hub is vital to drive collaboration and foster new ideas that will improve health care delivery and outcomes across Western Australia,” said Dawson.
“This project has enormous potential to create more jobs, attract more investment and further support the WA economy.”
The hub will link to facilities including the East Metropolitan Health Service Innovation Hub, QEII medical research precinct and the biomedical industry precinct in Floreat.
The Western Australian Government’s groundbreaking Future Health Research and Innovation (FHRI) Fund supports innovators with regular funding opportunities.
Since the FHRI Fund was established in 2020, approximately $185 million in grants have been awarded to more than 627 recipients.
Over the next four years a further $250 million is available to fund more programs and initiatives.
The hub is located at 128-132 Murray Street in Perth and will be built inside a heritage-listed former utilities building that was constructed in the 1890s.
The construction tender is currently live, signalling the next step in turning this vision into reality.