Pharmacy Australia Centre of Excellence -


6 Δεκ 2012 (πριν από 5 χρόνια και 4 μήνες)

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Pharmacy Australia Centre of



The vision of PACE

“To facilitate world
class, pharmaceutical research and
development, in pursuit of new drug technologies and
strategies that positively impact on human health, by

locating the pharmacy profession, industry, education,
research and commercial innovation in state

What is PACE?

Australia’s leading facility for pharmaceutical research,
education, and drug commercialisation

Focus for biotransitional research emphasising
commercialisation and marketing and supporting the role of
pharmaceuticals as valuable domestic industry / increasingly
significant earner of export income for Australia

Unique partnership between pharmacy profession and industry,
the education sector and the Queensland Government

Only centre in Australia where all phases of pharmaceutical
development will take place in the one precinct

a unique
pharmaceutical / biotech collaboration

Innovative clustering project that will provide world
research, business and education facilities

Who will use PACE?

Upon completion, PACE will be home to a number of educational,
professional and industry organisations, including:

The University of Queensland School of Pharmacy

The Pharmacy Guild of Australia

The Guild Insurance & Financial Services

The Pharmaceutical Society of Australia

A number of Australia’s leading biotechnology and
pharmaceutical organisations

Princess Alexander Hospital

Key Features

10,000 sq m of office, laboratory and teaching space to
house School of Pharmacy, The Pharmacy Guild of
Australia, the PSA and other project partners

5,500 sq m of leasable laboratory and office space for
pharmacy, biotechnology and other industry tenants

Education / conference centre

Meeting rooms

Synergy with Government initiatives:

Queensland State Government

“Smart State”

Federal Government

“Backing Australia’s Ability”

Proposed Development

The Site

PACE will be located on 1.7 ha of land at Dutton Park,
adjacent to the Princess Alexandra Hospital


Provide a National Centre for Quality use Medicines

650 Positions


450 Position

Long term

Link with research groups at P.A. Hospital


Provide extra ‘incubator’ space for BioPharma

Link National Medicine policy research to P.A. and Health

Provide added Clinical Pharmacy input to P.A. and

Research income graph

$1.4 million, Academic Detailing Grant, DHAC

$650,000+, 500MHz flow through NMR, Wellcome

$1 million+, Pain Therapy Grant, R&D START (Ausindustry)


$60 million


3 way spilt with Partners:

UQ/Pharmacy Groups

Queensland Government

Federal Government

Public / Private Partnership

Public / Private Partnership

Benefits to UQ:

Facilitating greater level of investment

Accelerating project implementation

Spreading risk

UQ Objectives

Expand/upgrade facilities

Research, postgraduate degrees

Education/Research links with P.A.

Commercialisation/Development opportunities

Links to Pharmacy profession

Release space on campus

Development of Suitable P.P.P.


Capital from shareholders

total control

Capital from Private sector

cede control to
private sector within agreed framework

Development of an Appropriate

Essential features:

Resolve site tenure

Defined concept of sharing of facilities

Clear understanding of cost/financial capacities

Clear understanding of risks

Test model with Private sector

Discuss with State and Federal Governments

Adjust in light of concerns

Proceed to E.O.I.


Building companies

Traditional debt financiers

Bank Financial Institutions

Money Mangers

Super, Investment Managers

Specialist Infrastructure Funds

Industry banked Super Funds

Need to consider cost of
redeveloping School on St Lucia

P.P.P. provides interesting option for realising
University goals of pre
eminence in
Pharmaceutical research and education in