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2021 Prime Minister’s Prize for Innovation

Professor Anthony Steven Weiss AM

The University of Sydney’s Professor Anthony (Tony) Weiss AM is recognised for his pioneering research and commercialisation of synthetic tropoelastin-based biomaterials, which can accelerate and improve the repair of human tissue. For the past two decades, he has pioneered global research into tropoelastin and elastic fibres, which are found in human tissue ranging from the skin to the lungs and arteries.

In 2008, he founded the company Elastagen to commercialise his research and inventions. The company raised $35 million in venture capital and grant funding, completed clinical trials and scaled-up production. Ten years later, Elastagen was sold to one of the world’s biggest biopharmaceutical companies for $334 million, one of the largest transactions ever completed in Australia’s life science sector.

Watch a video about their work

See their acceptance speech

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