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Drug discovery gets $9.75m boost for MedChem Australia

27 June 2023
Funding will accelerate identification of early-stage drug candidates
The University of Sydney will be one of three national nodes of MedChem Australia, established in partnership with Monash and WEHI Medical Research.
Professor Michael Kassiou is academic director of the Drug Discovery Initiative.

Professor Michael Kassiou is academic director of the Drug Discovery Initiative.聽

The Commonwealth Government鈥檚 Medical Research Future Fund (MRFF) has invested $9.75 million into establishing MedChem Australia, a new national medicinal chemistry initiative.聽

MedChem Australia will bring together three leading medical chemistry groups in Australia from the University of Sydney, Monash University and the Walter and Eliza Hall Institute of Medical Research (WEHI). It will be headquartered at the Monash Institute of Pharmaceutical Sciences ().

Together, the three institutions, in collaboration with Therapeutic Innovation Australia (), will guide early-stage projects through the process of identifying drug candidates with potential commercial value.

Professor Michael Kassiou, the academic director of the Drug Discovery Initiative in the School of Chemistry at the University of Sydney, will lead the Sydney node of MedChem Australia.

He said: 鈥淐reating molecules for medicines from promising research 鈥榟its鈥 is a huge challenge and remains a major gap in Australian drug discovery efforts. MedChem Australia will fill this gap.

鈥淭he Drug Discovery Initiative at the University of Sydney is thrilled to collaborate with the Monash Institute of Pharmaceutical Sciences and WEHI to create this much needed national framework. This will increase our ability to translate critical discoveries and fuel the biotech ecosystem in Australia.鈥

Clockwise from top-left: Professor Paul Stupple (MIPS), Professor Sue Charman (MIPS), Professor Guillaume Lessene (WEHI), Dr Stuart Newman (TIA), Professor Michael Kassiou (USYD), Dr Jeff Mitchell (WEHI).

In addition to the government鈥檚 investment via the聽鈥檚 National Critical Research Infrastructure Grant, the four partners will together contribute more than $5聽million toward the establishment of MedChem Australia, bringing the project's total seed funding to about $15聽million over five years.聽

MedChem Australia will help to fill a significant capacity gap in the drug discovery pipeline. This gap exists between fundamental drug discovery biology programs and the generation of defined and optimised candidate drug molecules that have the potential to attract the commercial partnerships required to support formal clinical development programs.

, Director of the Australian Translational Medicinal Chemistry Facility () which sits within MIPS at Monash, and co-lead of MedChem Australia, said that although Australia has an enviable reputation in fundamental biology, the nation鈥檚 record in translating discoveries into commercially attractive drug candidates needs to improve.

鈥淯ltimately, the primary goal of MedChem Australia is to fill a critical capability gap to put Australia at the forefront of drug candidate translation and strengthen sovereign outcomes when it comes to the development of home-grown, high-quality medicines,鈥 Professor Stupple said.聽

鈥淎longside our collaborative partners, MedChem Australia will deliver preclinical candidates, increasing opportunities for new biomed spinouts, and engage actively with industry to drive investment and generate new jobs.鈥

Theme Leader of New Medicines and Advanced Technologies at WEHI,聽, will lead the聽聽node of MedChem Australia.聽聽

鈥淭his initiative will accelerate our collaborative efforts to turn the latest scientific discoveries into new treatments and therapies,鈥 Professor Lessene said.聽

鈥淲hile the National Drug Discovery Centre (NDDC), headquartered at WEHI, addresses the early challenges in drug discovery, we have been missing the next crucial steps. Together, MedChem Australia and the聽聽are establishing the foundation of a powerful pipeline of translation from discovery to new medicines.鈥澛

Also co-leading the project from MIPS is聽, Director of the Centre for Drug Candidate Optimisation (), a collaborative research centre that provides expertise and infrastructure to multidisciplinary drug discovery teams鈥.

鈥淢edChem Australia will address gaps within Australia鈥檚 current drug discovery environment by integrating the expertise of three of the country鈥檚 leading medicinal chemistry groups with our expertise in biopharmaceutical properties and pharmacokinetic characterisation to deliver high-quality preclinical drug candidates. With this significant investment from the MRFF, combined with the backing of TIA, this national consortium will transform drug discovery in Australia,鈥 Professor Charman said.聽

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