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UQ research will move medicines to market more quickly

etraQ is a leader in translating cutting-edge research into products that can lead to improvements in many lives," Professor Siddle said.

"In the longer term, elements of this toolkit may be licensed to the pharmaceutical industry. This has potential to generate significant revenue, and to expand the Australian drug development industry by creating jobs for highly-skilled scientists and training opportunities for PhD students," he said.

TetraQ began in May 2005 with $8.1M in investment funds from the Smart State Research Facilities Fund. It quickly became a key provider of contract preclinical services for Australian biotechnology companies developing new pharmaceuticals.

TetraQ was founded by UQ Professors Maree Smith, Istvan Toth, Rod Minchin and Ron Dickinson. It was the first contract research organisation in Australia to provide integrated preclinical services to the global pharmaceutical and biotechnology industries.


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Contact: Fiona Kennedy
61-73-365-1088
Research Australia
10-Apr-2006


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