Pharmacy granted funding for development of technology to treat lung cancer
19 July 2011
Professor Hak-Kim Chan at the Faculty of Pharmacy has received a grant for $50,000 from the NSW Government to develop an aerosol delivery system for the treatment of lung cancer.
The Faculty is one of two recipients of the NSW Government's NSW-Gangwon Technology Collaboration Grant program, which encourages trade and investment opportunities with the Republic of Korea and research collaborations in areas including medical devices, ICT, advanced materials, nanotechnology and biotechnology.
The Faculty of Pharmacy will collaborate with Kwandong University to develop aerosol delivery systems for the treatment of lung cancer. It is hoped the development of this new technology may translate to improving treatments for other lung-based diseases such as asthma, pneumonia and chronic lung disease.
Hak-Kim Chan, Professor in Pharmaceutics and leader of the Faculty's respiratory disease research theme said: 'Lung cancer accounts for the highest number of healthy life years lost.
"This grant will help us develop technology that will have an advantage over conventional drugs by targeting cells with specific abnormalities in genes as well as by targeted delivery to lung tissue."
The grant recipients were announced at the recent business forum hosted by NSW Trade and Investment; the event was well attended by representatives from Korea and NSW companies.
NSW Deputy Premier and Minister for Trade and Investment Andrew Stoner addressed the forum and announced $100,000 funding to support two technology research and development collaborations between NSW and Korea.
"The Republic of Korea is one of Australia's most important trading partners with whom we share strong economic, political and strategic interests," Mr Stoner said.
"These two exciting and innovative projects have strong commercialisation potential, and may also result in significant employment and financial returns for both NSW and Korea," Mr Stoner said.
Contact: Kate Sanday
Phone: 02 9351 2311