We transform Australia & New Zealand's most promising medical discoveries into the latest medical therapies that save lives & improve quality of life, while generating returns for investors.

The MRCF is the largest life science investment fund in Australia and New Zealand. We are a unique collaboration between major Australian superannuation funds, the Australian and New Zealand governments, Australian state governments and over 50 leading medical research institutes and research hospitals.

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Portfolio

We’re immensely proud of our portfolio. Partnering with talented scientists, clinicians and entrepreneurs, we have supported more than 40 companies to date.
The collaborative nature of the MRCF provides a supportive investment process, fostering best practice commercialisation and encouraging innovation. The MRCF works closely with its 50+ Member Institutes to identify promising opportunities with strong commercialisation potential.
The MRCF is unique, in that it is structured as a collaboration between the investors and the Member Institutes, with experienced representatives from each institute providing a ‘peer review’ assessment of opportunities through representation on the Investment Review Committee (IRC).
The MRCF works closely with the Member Institutes to identify promising opportunities, ‘working them up’, completing due diligence and establishing the start-up company. Most importantly, the MRCF guides the early stage investments through the development process to a trade-sale, partnering, next round financing or into stand-alone, growing businesses.

Aravax
Aravax

Creating the first safe and rapidly effective treatment for peanut allergy

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Myricx Pharma
Myricx Pharma

Unlocking the potential of N-myristoyltransferase (NMT) to develop precision medicines for a range of diseases including cancer and viral infections

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Okogen
Okogen

Developing therapeutics for the treatment of ophthalmic diseases, including adenoviral conjunctivitis

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Ena Respiratory
Ena Respiratory

Developing therapies for respiratory infections in patients with asthma and COPD

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EBR Systems
EBR Systems

Developing therapies for patients with cardiac rhythm diseases and heart failure using wireless cardiac stimulation

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PolyActiva
PolyActiva

A clinical-stage biotechnology company focussed on the development of ocular implants

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Certa Therapeutics
Certa Therapeutics

Developing novel anti-fibrotic therapies for the treatment of scarring associated with chronic kidney disease

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Azura Ophthalmics
Azura Ophthalmics

Developing a novel therapy for the treatment of Meibomian Gland Dysfunction

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See all

Members

Our member institutes span every state and territory in Australia. Here is a snapshot.

Institute
Otago Innovation Limited – Brain Health Research Centre

The Brain Health Research Centre is one of the pre‐eminent neuroscience centres in NZ. It consists of more than 40 research groups (academic & clinical), plus their research staff and students across a number of schools and campuses in the Divisions of Health Sciences and Sciences at the University of Otago. The mission of the Brain Health Research Centre (BHRC) is to support excellent, international quality research at the University of Otago, aimed at understanding the mechanisms of brain health, disease and repair, including the development of new treatments for neurological disorders.

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Institute
The Australian National University – John Curtin School of Medicinal Research

The John Curtin School of Medical Research (JCSMR) is a multi-disciplinary institute. We excel in ground-breaking medical research in Cancer Biology; Immunology and Infectious diseases; Genomics; and Neuroscience.

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Institute
Telethon Kids Institute

The Telethon Kids Institute is the largest research institute in Western Australia, with a bold vision to improve the health and development of children through excellence in research. Focused on translation, the Institute’s researchers and clinicians work closely, together with our research collaborators across Australia and around the world, to maximise research impact. They have extensive experience in coordinating technology and pharmaceutical interventions – including industry-sponsored trials – across a variety of diseases affecting children

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Got an idea?

The MRCF collaboration is innovation in action: We provide a path for taking medical science from conception into the real world.

Our Venture capital model is unique. We don’t simply provide investment, we entrepreneurs to create businesses, run companies and everything necessary to ensure our investments succeed.

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