NSW Government boosting investment by $832.7 million in ‘22 Budget

The NSW Government is investing $96m million in to develop to help build and grow the RNA ecosystem in NsW

The funds will be used to fund an RNA Pilot Manufacturing Facility and commercialise RNA research - that will help combat everything from pandemics to cancer and genetic diseases.

(We’ve all heard of the MRNA vaccine )

Ribonucleic acid (RNA) is a polymeric molecule essential in various biological roles in coding, decoding, regulation and expression of genes . It is expected that  RNA therapeutics to combat everything from pandemics to cancer and genetic diseases. 

The investment will be deployed in conjunction with the NSW RNA Bioscience Alliance, an unprecedented collaboration between all 14 NSW and ACT universities, currently headed by Professor Pall Thordarson from UNSW Sydney .

“By bringing together world-leading universities and industry leaders, we can deliver innovative solutions to some of the most the important and complex challenges facing the world.” 

Minister for Science, Innovation and Technology, Alister Henskens
 

“With the State government’s investment, the NSW research community will be able to address a range of current health challenges and attract a number of national and international industry collaborators and jobs to the state.”