A big day for us here at Carina Biotech. Minister Anne Ruston joined our management team and two researcher leaders Professor Simon Barry and Professor Shaun McColl at University of Adelaide today to announce Carina’s award of an Dept of Industry Cooperative Research Centres Project (CRC-P) grant.
CRC-P grants support short-term industry-led collaborations to develop important new technologies, products and services that deliver tangible outcomes.
Along with our recent award of an MTPConnect BioMedTech Horizons grant, this money will propel forward our development pipeline. In fact, it was Carina’s connections at MTPConnect, particularly Alfredo Martinez-Coll, who championed our work and encouraged and assisted us to apply for the CRC-P grant.
“MTP Connect have been an invaluable partner during Carina’s early growth. This has included introducing Carina to a range of potential funding options that were well targeted to our stage of development and also assisting us with making a range of connections to other Australian companies and international networks.”
The CRC-P grant will enable us to significantly expand our pre-clinical CAR-T development program, including to assess a range of our proprietary CAR-T cell variants across a wide range of pre-clinical animal models. We hope the data generated through the CRC-P project will establish proof-of-concept for Carina’s CAR-T cells as having ‘broad-spectrum’ anticancer activity. Also, the CRC-P project will help Carina build its corporate and commercial value as an Australian SME in the rapidly growing global cellular immunotherapy industry.