Event Details - ITEK - The Commercialisation Company of the University of South Australia

UniSA's commercial arm, ITEK, has recently welcomed John Grace as its new Chairman, bringing extensive experience in the commercial development of leading-edge science, specifically biotechnology.

He is currently the director of iBIO Pty Ltd Consultancy, providing advice to clients in research commercialisation particularly in the biotechnology industry. He is also a member of the Council of the Australian Institute of Marine Science and a Vice President of the Academy of Technological Sciences and Engineering.

He says he is looking forward to being part of the ITEK and UniSA team.

"The University of South Australia is a dynamic organisation and ITEK is one of the few successful commercialisation companies of Australian universities," he said.

"The translation of research by commercial routes is a legitimate and important way by which the benefit of university research can be delivered to the community.

"The translation role is the essence of ITEK and an area in which I have a very strong interest. I am pleased to be a part of a dynamic team, which in the coming years should further substantiate its strong position under the leadership of its CEO Graham Smith."

The new appointment follows the retirement of former Chairman Kevin O'Brien. There are currently seven ITEK board members, with two-year appointments. ITEK is UniSA's commercial arm and is responsible for developing commercial opportunities from research that is undertaken by the University.