An Australian hub of Canada's Commercialisation Centre for Regenerative Medicine (CCRM) will support the development of foundational technologies to accelerate the commercialisation of regenerative medicine products and therapies.

CCRM Australia will be modelled on, and linked with, the highly successful Centre for Commercialization of Regenerative Medicine (CCRM) based in Canada, a leader in developing and commercialising regenerative medicine and cell and gene technologies. Drawing from CCRM's expertise and industry and capital venture networks established over a five-year period, CCRM Australia will take a leading role in supporting Australia's fast developing regenerative medicine sector. It will take a national approach to the commercialization of Australian regenerative medicine and related technologies. CCRM Australia will be developed in parallel with other emerging hubs in the United States, Israel, Japan, Europe and Singapore.