Thursday, 28 November, 2013 - 11:52
Biotech sector haunted by 'valley of death'
FEATURE: The state’s biotechnology sector is heating up as investors look for the next wave of investment opportunities amid waning resources investment.
Professor Steve Wilton AO is the Perron Institute’s director and holds the Foundation Chair in Molecular Therapy at Murdoch University. Professor Wilton joined the institute in 1991 and with his colleague, Professor Sue Fletcher, pioneered the development of a radically new therapy for the devastating childhood disorder, Duchenne muscular dystrophy. In September 2016, a drug developed in the Perron Institute’s Perth laboratories received accelerated approval by the US Food and Drug Administration, the clinical trials continuing to produce highly positive outcomes.
Prof Wilton’s research on Duchenne muscular dystrophy has been acknowledged through several awards including the 2012 WA Innovator of the Year Award, the 2013 Eureka Prize for Medical Research Translation, the 2014 Labgear Australia Discovery Science Award, and the nomination in 2016 for Western Australian of the Year in the Professions category.
His current research explores the use of similar drug strategies in other diseases including spinal muscular atrophy, cystic fibrosis and Pompe’s disease.
In 2021, Prof Wilton was awarded an Officer of the Order of Australia for distinguished service to medical research, to neurological science, and to the treatment of Muscular Dystrophy.
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FEATURE: The state’s biotechnology sector is heating up as investors look for the next wave of investment opportunities amid waning resources investment.
Perron Institute has committed to strengthening international ties in Asia to expand its global reach, resources and research capacity.
Stan and Jean Perron have announced they will be donating $10 million across 10 years to the Perron Institute for Neurological and Translational Science, adding to a multitude of reasons Mr Perron was awarded State Shaper by The 500 Club today.
Stan Perron’s long and influential role in WA has continued with his recent commitment to donate $10 million to the Perron Institute for Neurological and Translational Science.
The Perron Institute is kicking commercial goals, courtesy of big sales royalties and a planned ASX listing.
WA has many advantages in terms of hosting a thriving medical research and innovation ecosystem.
Only nine research funding applications from the state’s universities succeeded in the national round.
Business News has devised a collection of some of Perth’s world-leading innovations.
A nine-year old licencing deal signed on behalf of WA medical researchers is continuing to deliver returns, with US company Sarepta Therapeutics paying $11.5 million in royalties last year.
Researchers Steve Wilton and Sue Fletcher have been recognised for their biotech industry leadership, while a life science legacy award has been presented to Andrew and Nicola Forrest.
The state’s commercial health-related research and technology sector has matured.
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Steve Wilton is linked to 2 organisations which are included in 2 lists - Tertiary Education & Training Providers and Charitable Organisations.
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