The Federal Government has committed $71 million for a new building and facilities at the Monash Health Translation Precinct (MHTP).


A partnership between Monash University, the Monash Institute of Medical Research, Southern Health and Prince Henry's Institute, the MHTP is focused on transmitting research outcomes into the clinic as quickly as possible. 


The new MHTP facility at Monash Medical Centre will include a series of linked, disease-themed laboratories and clinical research units, and will expand to 800 the number of laboratory and clinical researchers accommodated on the campus.


Monash University Chancellor, Dr Alan Finkel, said the funding will result in the development of an academic health science precinct that will integrate medical research, teaching and health care, resulting in better healthcare, more rapid introduction of innovation and the training of a highly skilled health workforce.


Director of Monash Institute of Medical Research, Professor Bryan Williams, said the new facility would provide an exceptional opportunity to translate basic laboratory observations to clinical practice.


“It will provide medical research scientists with ready access to clinicians and patients and expand the international reputation of medical research conducted at the MHTP,” Professor Williams said.