- Life Sciences WA Inc will receive $490,000 (ex GST) in sponsorship over the next two years
- Funds provided through the State Government’s $8.65 million commitment to implement its Health and Medical Life Sciences Industry Strategy
The Cook Government will provide Life Sciences WA Inc (LSWA) with $245,000 (ex GST) in sponsorship each year for the next two years, to enhance growth and targeted support for the State’s life sciences sector.
The life science industry encompasses research, development and commercialisation activities across biotechnology, pharmaceuticals, medical technology, digital health, agritech, and aquatech.
Established in 2021, LSWA is a collaboration of stakeholders from a wide variety of backgrounds including research institutes, universities and industry.
As the State’s life science industry association, LSWA aims to attract investment and talent to WA’s life sciences businesses, and plays a leading role in helping shape the direction and growth of the sector in WA.
LSWA operates as a not-for-profit organisation with financial support from its membership base, sponsors and grant funding.
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As stated by Science Minister Stephen Dawson:
“This sponsorship will provide a boost to WA’s life science sector and help set the State up as an international competitor in the area.
“The funding is part of the Cook Government’s $8.65 million commitment to implement the Health and Medical Life Sciences Industry Strategy, which will shape the future of the sector in WA.
“Life sciences covers a wide range of research and development from health to agriculture, so this is an exciting opportunity to help foster success across these varied fields.”
