1. PHARMACY AUSTRALIA CENTRE FOR EXCELLENCE

2. Focus Of Briefing UQ has objectives of: to provide leading facilities for pharmaceutical research, education & drugs commercialism focus on research at the same time emphasising commercialism & marketing facilitates world class pharmaceutical research & development in pursuit of new drugs technologies & strategies that will have positive impact on human health

3. Preparation & Planning It is a big project, costly & risk involve Studies were made of its feasibility Conduct scenario planning Consultation with various groups, communities Identify users of the project i.e UQ Schools of Pharmacy, Pharmacy Guild of Australia, Insurance & Financial services, Pharmaceutical Society of Australia & Princess Alexandra Hospital Studies on how to make the project attractive to possible investors

4. Cost & Funding A$60million Options of investors i.e partnership with public agencies or public-private partnership

5. Public-Private Partnership Gives more freedom for commercial purpose (for return of investment) Facilitates greater level of investment Accelerate project implementation More a risk-taker vast resources

6. The Challenge- Attracting Investors Studies and Scenario Planning findings: Exciting design Good location Resolve site tenure Define sharing of facilities Clear understanding of risks Discuss with state and federal government UQ owns land Investors own building Forecast for 15 – 20 years

7. Findings Thorough research and planning needed in deciding on partners in project Scenario planning can be an effective tool to see the various ways to success Private partnership is feasible especially in project with commercial value. Challenges of Attracting Investment

8. G’Day Mate