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Apex Biotech donated A$700K to Monash University for medical research

Writer's picture: Peter XiaoPeter Xiao

Apex Biotech Research, a research arm of Melbourne based UPcare Group, signed agreement to donate $ 700,000 to Monash Biomedicine Discovery Institute (BDI), Monash University School of Medicine recently.


The donation will help fund ground-breaking research into age-related disorders, specially neurodegeneration diseases and diabetes.


Anti-Ageing Drugs Market is valued at USD 74.68 Billion in 2019 and expected to reach USD 158.39 Billion by 2025 with the CAGR of 13.35% over the forecast period.


The global anti-ageing drugs market is set to witness huge growth potential in the coming years owing to rising awareness among the aging population regarding the use of anti-aging products. The industry however is in its infancy stage due to lot of skepticism regarding the cellular understanding of ageing process. On the other hand, the industry is also witnessing a large amount of research and development activities with drug manufacturers showing an increased focus towards significantly decreasing the impact of ageing and ultimately increasing the lifespan.


ABOUT UPCARE

UPCare Group Pty Ltd was founded in Melbourne, Australia by a group of leading scientists, pharmacists and researchers to address the growing concerns and proliferation of viruses and other transmitted illnesses contracted through the human respiratory functions.


About Monash

Monash University was founded in 1958 and is the second oldest university in the state of Victoria in Australia. It is also the largest university in Australia. It was named after the engineer, military leader and public administrator Sir John Monash. It is a member of the Group of Eight, a group of Australia’s eight leading research universities.


Life Sciences and Medicine Ranking

  • the best university in Australia for Pharmacy and Pharmaceutical Sciences (Academic Ranking of World Universities, 2019)

  • 2nd in the world for Pharmacy & Pharmacology (QS Subject rankings 2020)

  • 7th in the world for Pharmacy and Pharmaceutical Sciences (Academic Ranking of World Universities, 2019)

  • 14th in the world for Nursing (QS Subject rankings 2020)

  • 30th in the world for Anatomy & Physiology (QS Subject rankings 2020)

  • equal 31st in the world for Medicine (QS Subject rankings 2020)

  • equal 39th in the world for Life Sciences & Medicine (QS Subject rankings 2020)

  • equal 46th in the world for Clinical, Pre-clinical Medicine and Health (Times Higher Education, 2017-2018)

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