$3.0m CRC-P grant to VivaZome Therapeutics and Partners for Customised Exosome Therapy

Collaboration with La Trobe University, The University of Queensland, Australian National University, Cytiva and SeerPharma Pty Ltd

VivaZome Therapeutics is delighted to announce that it has been awarded an Australian Government Round 13 CRC-P grant of $3.0m in support of the project “Customised exosomes – the future of regenerative medicine”. The Hon Ed Husic MP, Minister for Industry and Science, who oversees the Cooperative Research Centre Projects (CRC-P) Grants Scheme announced the successful Round 13 applications today. The scheme supports the development of innovative Australian companies and sectors, and promotes collaboration between small companies, large companies and academic institutions. Joining VivaZome in the CRC-P are five Australian project partners, bringing high-level scientific, technical and operational capability to the 3–year project. The partner organisations and the key project leaders at each are:

Dr David Haylock, CEO of VivaZome said: “We are absolutely delighted to receive this strong support from the Australian Government, and to be working with an incredible group of world-leading project partners. Exosomes have great potential to treat a wide range of diseases, including traumatic brain injury and retinal disease. With the help of our partner organisations, we will establish an exosome manufacturing facility, optimise technologies and processes for manufacture of exosomes, develop customised exosome products with enhanced function, and generate proof of concept data for clinical indications in areas of significant unmet need – ophthalmic and neurological diseases.”

The VivaZome CRC-P project work commences in early 2023 with a series of significant scientific, industrial and education milestones to be achieved by the end of 2025.

SourceVivaZome

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