About Vision CRC
The Vision Cooperative Research Centre (Vision CRC) Ltd was established in 2003 under the Australian Government's Business Cooperative Research Centres Programme and funded for twelve years, from 2003-2015.
World-leading contact lens products were co-developed though Vision CRC and its predecessor, the Cooperative Research Centre for Eye Research and Technology (CRCERT, 1991-2003), generating over $300 million in royalties for CRC partners and around $1.5 billion in cash and in-kind investment.
The two CRCs also produced promising contact lens and spectacle lens technologies for myopia control, a prototype material to ‘cure’ presbyopia, technologies for eye surgery, significantly advanced understanding of ocular health, delivered professional education to thousands of practitioners and eye care personnel, conducted crucial research into the delivery of eye care to people in need and educated over 100 postgraduate research students.
Major collaborations with leading research groups in Australia, China, India and U.S. were forged, and several further initiatives spawned.
On 1 July, Vision CRC began operating at a reduced capacity as an independent company limited by guarantee and will act as the administrative centre of the soon to be established Myopia Institute, a virtual global collaboration bringing together the leading scientists and clinical researchers in myopia and its associated sight threatening complications.
The Myopia Institute will investigate and report on evidence-based strategies for reducing vision impairment and blindness caused by myopia, and provide evidence for people, governments, professionals, teachers, children and society in general, on the nature of the potential adverse influence of myopia on health, education, social and economic welfare, and vision.
All other Vision CRC research programs concluded or transitioned to Brien Holden Vision Institute or Adventus Technology Inc.
To find out more about the CRC Programme visit: business.gov.au