Consumed content does not have a uuid. Unable to continue. -- QBI receives $10m for development and expansion - Queensland Brain Institute - The University of Queensland, Australia

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12 May 2006

The University of Queensland's status as a centre for neuroscience excellence has been recognised with a $10m grant for the Queensland Brain Institute (QBI) in the federal budget.

The University of Queensland's status as a centre for neuroscience excellence has been recognised with a $10m grant for the Queensland Brain Institute (QBI) in the federal budget.

Established in 2003, QBI is dedicated to understanding the molecular basis of brain function and applying this knowledge to the development of new therapeutics to treat brain and mental health disorders.

QBI Director Professor Perry Bartlett said the funding comes at a strategic time for the Institute.

"Work is currently under way on new purpose-built facilities at QBI, which will dramatically increase our research capacity," Professor Bartlett said.

Funds for construction of the $60m facility have been provided by the Queensland Government, The Atlantic Philanthropies and The University of Queensland.

"The Australian Government funding is further recognition we're doing research that's highly valuable for Australia's long-term future and it will help QBI consolidate its position as a leading centre of excellence in the Asia Pacific region," Professor Bartlett said.

"It will also allow us to purchase sophisticated equipment that will enable us to more rapidly expand our research into cognitive neuroscience and neuro-imaging.

"Such technology will be vital if we are to address the burgeoning incidence of mental illness in the community," he said.

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For more information, please contact:
QBI Communications Office
Tel: +61 7 3346 6434

Notes to the Editor
QUEENSLAND BRAIN INSTITUTE
The Queensland Brain Institute was formed in 2003 as part of the Queensland Government’s Smart State Initiative, building on a long history of neuroscience at The University of Queensland. QBI is dedicated to understanding the molecular basis of brain function and applying this knowledge to the development of new therapeutics to treat brain and mental health disorders.

PROFESSOR PERRY BARTLETT
Professor Bartlett and Professor Brent Reynolds, a QBI Professorial Research Fellow, co-discovered neuronal precursors in the adult brain, leading to a paradigm shift in our understanding of neuro-regeneration. This discovery provided neuroscientists with the opportunity to develop ways of stimulating the production of new functional nerve cells to overcome diseases such as dementia, stroke, Motor Neurone Disease, and head and spinal cord injury.