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Government of South Australia - Department of State Development

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    $1.4 million injection for SA medical research

    A cash injection of $1.4 million towards South Australian medical research has been handed over following a major investment and philanthropy conference held in Adelaide in November 2024.

    Attracted by Invest SA within the Department of State Development, Sohn Hearts & Minds was held in South Australia for the first time and is the nation’s premier investment and philanthropy event.

    Since launching in 2016, Sohn Hearts & Minds has used proceeds from its events and activities to fund Australian medical research with the conference hosting 209 speakers since its inception, attended by more than 7,800 people.

    The conference organisers set aside a portion of business transactions to donate towards medical research, topped up by further large and generous individual and corporate donations.

    “We’re proud to support these brilliant minds as they push the boundaries of discovery and impact,” said Maggie O’Neill from Sohn Hearts & Minds.



    “These projects have the potential to drive meaningful change – through cutting-edge medical devices, advancing precision medicine for Indigenous communities, and deepening our understanding of neurodegenerative disease."

    “Expanding our support to South Australian researchers reflects our commitment to backing world-class medical innovation across Australia. We sincerely thank the Government of South Australia and Invest SA for supporting Sohn Hearts & Minds in Adelaide last year.”

    Last year’s conference in Adelaide featured leading international and local fund managers, as well as influential global thought leaders who presented their exclusive investment ideas and insights in a fast-paced, TED-style format.

    The 2024 event attracted more than 600 attendees that represented more than $1 trillion worth of investment and funds under management.

    The local recipients of the $1.4 million funding were:

    Professor Alex Brown - Kids Research Institute Australia and Australian National University $830,000 to support Professor Brown’s national Indigenous Genomics agenda, which is a broad program of work spanning community consultation, research, translation and advocacy designed to deliver the benefits of genomics and precision medicine to Aboriginal and Torres Strait Islander peoples and communities.

    “By putting the development of a precision medicine agenda in the hands of Indigenous peoples, we will see tangible outcomes which meet the health priorities of communities,” said Professor Alex Brown.

    Professor Karen Reynolds - Flinders University Medical Device Research Institute $540,000 to continue the development of innovative solutions to the medical and allied health sector in medical devices, assistive technologies, instruments, software and systems for understanding, diagnosing, treating and monitoring medical conditions.

    “Technology is advancing at a rapid pace, and alongside an evolving healthcare system, MDRI is proud to be a leader in this transformation, developing new solutions and driving healthy futures,” said Professor Karen Reynolds.

    “Thanks to Sohn Hearts & Minds’ generous donation, we will be able to advance multidisciplinary research in medical devices and assistive technologies, fostering collaboration with industry and clinicians to develop innovative solutions that improve patient care and wellbeing.”

    Associate Professor Tim Sargeant - SA Health and Medical Research Institute (SAHMRI) $100,000 to continue his research on the role of autophagy and lysosomal recycling in common age-related diseases, such as Alzheimer’s disease.

    “The generous donation from Sohn Hearts & Minds will enable my research group at SAHMRI to advance our work on the fundamental causes of ageing and age-related diseases in humans,” said Association Professor Tim Sargeant.

    Previously held in Sydney, Melbourne and Hobart, Sohn Hearts & Minds has raised more than $78 million alongside its philanthropic listed investment company, Hearts and Minds Investments Limited (HM1), with funds possible due to the generous supports of Sohn Hearts & Minds.

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