1 March 2011
Innovation Minister Senator Kim Carr said the Federal Government would provide $85.8 million to build the La Trobe Institute of Molecular Sciences.
Senator Carr said the $98 million Institute would be a “world-class interdisciplinary research facility [and] will see La Trobe University build on its global reputation for excellence in biological sciences.
La Trobe University will fund the balance.
“Molecular sciences, including biotechnology, offer new hope for the sick and new opportunities for Australian business,” Senator Carr said.
“The new Institute will allow the talented researchers of La Trobe University to work directly with industry and researchers in other institutions to realize that potential,” Senator Carr said.
The Institute will also open its doors to the wider community, helping Australians understand the contribution of molecular science to our health and prosperity,” Senator Carr said.
“La Trobe has a proud reputation for nurturing talented secondary students who want to make a difference through science and research,” Senator Carr said.
“La Trobe will also use the new facilities to encourage public awareness of science and receive in exchange direct input from the people who are the ultimate beneficiaries of their work,” Senator Carr said.