Let the collaboration begin!

Let the collaboration begin!

25th October, 2016

Collaboration between medical research institutes and industry just got much easier thanks to today’s launch of a series of template contracts by the Association of Australian Medical Research Institutes (AAMRI).

Launched at the AusBiotech Australia’s Life Sciences Conference, the templates are designed for use by medical research institutes (MRIs) and industry to facilitate innovation and collaboration with industry, AAMRI President, Professor Doug Hilton said.

The three template contracts are:

  1. A mutual confidentiality deed
  2. A collaboration agreement
  3. A material transfer agreement

“We hope these templates will result in even more collaboration between MRIs and industry, ensuring the best science in Australia is underway and helping as many people as possible, while also growing Australia’s best performing smart industry: the pharmaceutical and medical devices sector,” Professor Hilton said.

“There’s no question that there is already a lot of collaboration happening between MRIs and industry, but these templates will help streamline the legal side of things, making it quicker and cheaper to collaborate.

“Innovation is on the Australian agenda as we need to ensure the jobs of the future are established here, and one of the best ways to do that is to have the many talented medical researchers working in independent medical research institutes collaborating with their counterparts in industry.”

Professor Hilton said the launch of these templates was the first foray of its kind for AAMRI.

“At AAMRI, one of our key aims is to help ensure the most effective and efficient functioning of the health and medical research sector. Having templates such as these available for use not only by our members, but the whole of the Australian science and innovation sector, is a new way we can help reach this aim,” Professor Hilton said.

“We hope the templates will be taken up by many of our members and beyond, and result in innovative collaborations delivering great results for Australians and our economy.

“There is also potential for other industries involved in innovation outside of life sciences to use these templates as a guide for fostering their own cross-sector collaborations.”

The templates are available online at aamri.org.au.  The templates do not replace legal advice, but should minimise the amount of advice needed, and thus reduce the costs and time involved in reaching agreement.

Professor Hilton is available for interview. Contact Rebecca Thorpe on 0401 419 590/rebecca.thorpe@aamri.org.au.