The cooperative research centre for cancer therapeutics: Bridging the gap between leading cancer research at Australias universities and developing novel cancer drugs

Jonathan B. Baell, Guy Heathers, Cathy Sage

Research output: Contribution to journalArticleResearchpeer-review

Abstract

Cancer Therapeutics CRC Pty Ltd (CTx), established in 2007, is Australias first translational drug-discovery and development company. It was formed to bridge the gap between leading cancer research and the discovery and development of the next generation of cancer drugs, precision small-molecule drugs. These small-molecule drugs are expected to make up half of the global market in cancer drugs within 10 years. Funded under the Australian Governments Cooperative Research Centres scheme, CTx has garnered approximately AU$ 148 million in cash and in-kind contributions from the federal government and its participating institutes to operate for 7 years. These funds are being used to expand and integrate previously separate drug-discovery and development centers into one large multidisciplinary organization with the requisite resources and capabilities to make a significant impact in the global cancer drug-discovery industry.

Original languageEnglish
Pages (from-to)941-947
Number of pages7
JournalFuture Medicinal Chemistry
Volume2
Issue number6
DOIs
Publication statusPublished - Jun 2010
Externally publishedYes

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