18-Oct-07 12:00 PM CST

Advancing BioBusiness Award 2008

Advance is delighted to announce the second Advancing BioBusiness Award for 2008.

The Advancing BioBusiness Award has been developed through a partnership between Merck Sharp & Dohme and Advance.

Its aim is to provide the next generation of leaders in Australian biotechnology with access to leading institutions, companies and individuals in the

involved in commercialising life sciences.

Call for Applicants

Australian scientists are recognized for world class innovation, but historically the challenge has been translating that work into commercial success. The work of Australian of the Year, Professor Ian Frazer, is a success that should be repeated.

“Australian science is rich in ideas and innovation, but the best medical discoveries will not help one person unless we understand the commercialisation process and can navigate the journey from compound to life-changing or life-saving medicine.”

Professor Ian Frazer, 2006 Australian of the Year

Now, Merck Sharp & Dohme* and Advance have formed a partnership to open new doors for Australian scientists with the Advancing BioBusiness Award. The Award will provide the next generation of leaders in Australian biotechnology with access to leading institutions, companies and individuals in the US involved in commercialising life sciences. The Award will facilitate greater opportunities for connection and exposure to the global market and commercialisation processes for Australian discoveries. Through the Award, two Australian scientists will have the support to build valuable international networks and collaborations that will benefit their business and the Australian life sciences industry.

AWARD DETAILS
The Award will provide business class air travel and accommodation for the recipients to attend BIO in the US, as well as undertake an additional program of mentoring from leaders in the US life sciences industry including venture capital firms, scientists and biopharmaceutical companies. Each program will be specifically tailored, in consultation with the recipient, to reflect their particular research focus and commercial needs, in areas including research planning, IP management, manufacturing planning, regulatory affairs management and market forecasting.

Recipients of the Award will be required to share their experience of the program on return to Australia. This may include the preparation of a report as well as presentations at an appropriate forum and/or scientific meetings.

Applications are invited from scientists who have completed their post doctoral training and are conducting research in an institution or biotech company in Australia. Applicants must be permanent residents of Australia.

The applications will be assessed by a panel of experts including Dr Graeme Blackman, Chairman and Managing Director, Institute of Drug Technology Australia Ltd, Dr Anna Lavelle, Chief Executive Officer, AusBiotech Ltd, Dr Phil Kearney, External Scientific Affairs Manager, Merck Sharp & Dohme, Australia, Professor Graham Macdonald, Former External Licensing Coordinator, Merck Sharp & Dohme, Australia and Dr Peter Riddles, Director, ViciBio Pty Ltd.

HOW TO ENTER

Please click on the following links to download a detailed evet flyer [in pdf format] and an application form [in MSWord format], which also contains full terms and conditions of the Advancing BioBusiness Award:

Download the Flyer

Download the Application Form

The closing date for applications is 25th January 2008.

Developed by

*Merck Sharp & Dohme (Australia) Pty Limited is the Australian subsidiary of the global research-based pharmaceutical company Merck & Co., Inc., Whitehouse Station, N.J., U.S.A. Merck Sharp & Dohme (Australia) Pty Limited 54-68 Ferndell Street South Granville NSW 2142.

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