Johnson & Johnson
The Queensland Government and Johnson & Johnson Innovation are collaborating on a worldwide competition to encourage game-changing health innovations to be developed and commercialised in Queensland.
The J&J Innovation Quickfire Challenge
The Advance Queensland J&J Innovation Quick Fire Challenge was a global prize launched in September 2015, seeking great ideas from around the world. The Queensland Government funded 3 prizes of $100,000 for innovations in:
- medical devices
- consumer healthcare.
The focus was on innovations with a real chance of being turned into investible products with benefits for patients.
Prize money had to be spent in Queensland and make use of our established research and translation capacity. This aimed to encourage medical technology startups, established companies and entrepreneurs to make a base in Queensland.
Commercialisation of our breakthrough ideas
Queensland has a thriving, globally competitive life sciences industry. The gap is in the commercialisation of our breakthrough ideas, products and services. Through the Challenge and other Advance Queensland programs the State Government is working to bridge this gap.
In another step towards that goal, we’re working to establish a new J&J Innovation Partnering Office. The Office will be located at the Queensland University of Technology’s Institute of Health and Biomedical Innovation (IHBI).
QUT’s Institute of Health and Biomedical Innovation