Discovery and Innovation Campaign launches

MEDIA RELEASE

Paula Liveris Innovation Hub to support Discovery and Innovation at

St Vincent’s Sydney Health Innovation Precinct

St Vincent’s Curran Foundation is pleased to announce a $1 million visionary gift from the Liveris Family to support the creation of the Paula Liveris Innovation Hub at the St Vincent’s Centre for Applied Medical Research in Darlinghurst, Sydney.

Speaking at the launch of the new program, Anthony Liveris, Chief Executive Officer of Proto Axiom, a leading Australian biotechnology investment firm and Chair of the St Vincent’s Discovery and Innovation Campaign said, “The St Vincent’s precinct represents probably the best untapped research ecosystem in Australia, and is poised to become an innovation powerhouse. That is why we are launching the St Vincent’s Discovery and Innovation Campaign and are delighted to support the Paula Liveris Innovation Hub.”

Born in Broken Hill and educated in Sydney, Paula Liveris has had a global career supporting access to education and health. Some of Mrs Liveris’s philanthropic work includes Bangkok Children’s Orphanage, the Gerstacker Foundation, MidMichigan Medical Centre, as well as Dr Andrew N. Liveris and Paula’s $13.5 million gift to the University of Queensland to establish the Liveris Academy.

The Paula Liveris Innovation Hub will provide a collaborative working and ideation space for clinicians and researchers across the St Vincent’s Sydney Health Innovation Precinct to promote collaboration, engagement with industry and encourage discovery research. The Hub, which will be housed within the St Vincent’s Centre for Applied Medical Research, will form the major component of the new Discovery and Innovation Program to support and enhance clinical and translational research, innovation, and entrepreneurship across the St Vincent’s Sydney Health Innovation Precinct.

Also speaking at the launch was Professor Chennupati Jagadish AC, President of the Australian Academy of Science who highlighted the need for Australia “to reverse the decades-long decline in R&D investment saying, “We see important roles for not just government but also industry, universities, the research sector, and philanthropists. Philanthropy especially has the potential to transform funding in the scientific landscape in this country and provide sustained investment.”

The St Vincent’s Sydney Health Innovation Precinct, including Garvan Institute of Medical Research, Victor Chang Cardiac Research Institute and the St Vincent’s Centre for Applied Medical Research have pioneered insights into some of the most widespread diseases affecting our community today.

Associate Professor Philip Cunningham, Interim Executive Director of Research at St Vincent’s Health Network Sydney and Chief Operating Officer of the St Vincent’s Centre for Applied Medical Research said, “Research and innovation have always been ingrained in the St Vincent’s Hospital DNA and we strive to continue to seek new answers, better solutions and test the emerging boundaries of knowledge, skills, and expertise in order to alleviate human suffering.”

To strengthen the culture and outcomes of innovation and entrepreneurship, drive ‘bench to bedside’ research, St Vincent’s Curran Foundation has created the St Vincent’s Discovery and Innovation Campaign to engage philanthropists and corporate partners with the aim of raising $4.5 million over 3 years to deliver a new program to enable transformational grants and fundraising for the three key program pillars:

  1. The Paula Liveris Innovation Hub will facilitate collaboration and ideation across the precinct and will be open to staff and students from St Vincent’s Hospital, Victor Chang Cardiac Research Institute, Garvan Institute of Medical Research, Nursing Research Institute, UNSW, UNDA. The space will welcome external research collaborators and industry partners to engage with precinct-based researchers, consultant biostatisticians and offer a range of flexible and interactive learning spaces.
  2. Pitch for Health Grants Program. A funding program to identify and support the best in early-stage discovery and translational research concepts and promote engagement with potential industry partners with a view to commercialisation. A ‘Shark Tank’ style Pitch for Health event will be held as part of the St Vincent’s Health Precinct Research Week in the last quarter of 2024.
  3. Research Fellow, Post Graduate and Clinician Buy Back grants. Additional funding will support key research specific positions and activity across research teams. Research Fellows are the bedrock of successful research teams, and the Clinician Buy Back program gives St Vincent’s clinicians the opportunity to pursue important research directly supporting better outcomes for our patients.  Support for post graduate early career development positions ensures a strong pipeline of young talent into the research sector.

If you would like to support, please contact Chris Lewis – christopher.m.lewis@svha.org.au

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