Medicines New Zealand: Value of Medicines Awards 2022

Since 2011, Medicines New Zealand has recognised and celebrated outstanding researchers for undertaking innovative research into the use of medicines or vaccines through the Value of Medicines Award.  After a brief hiatus, the award scheme was relaunched in 2022 with a renewed focus on supporting both emerging and established researchers.

The Value of Medicines Awards is now comprised of two awards:

The Innovation Jump Start Award designed to provide financial assistance for an early career researcher.

The Award for Excellence in Innovative Medicines Research which recognises an already established researcher for the contribution they have made to biopharmaceutical research in New Zealand.

The Innovation Jump Start Award

2025 marks the fourth year of the Innovation Jump Start Award.

Designed to support a new or continuing project in the area of drug discovery and development, the Innovation Jump Start Award is awarded to one of New Zealand’s potential future leaders in biopharmaceutical innovation.

Who can apply?

The Innovation Jump Start Award is open to early career scientists* including:

Current postgraduate students (Masters and PhD Candidates) in life-science disciplines relevant to the biopharmaceutical sector, such as pharmacology, genetics, physiology biochemistry and immunology.
Healthcare Professionals pursuing a research-focused career.

* As the Award is intended for early career researchers, an applicant's highest qualification is anticipated to have been conferred within the past 10 years.

Member companies of Medicines New Zealand will also be able to assist the award recipient, by reaching out to their networks of international affiliate companies in order to gain opportunities for industry experience. 

Applications for the 2025 Innovation Jump Start Award have now closed.

Value of the Award

The recipient of the Innovation Jump Start Award will receive a prize package with a total value of up to $30,000⁺ NZD. This includes: 

$20,000 to support project costs. 
Career support funding of up to $10,000 to enable the winner to participate in an educational programme or another career-enhancing opportunity (industry internship etc).

⁺Total value of up to $30,000 exclusive of GST

Key Dates for 2025

Applications Open: 1 May 2025
Applications Close: 20 June 2025
Shortlist Interviews: 7-11 July 2025
Award Ceremony: 14 August 2025, Parliament, Wellington

Recipients of the Innovation Jump Start Award

Current Holder: Dr Mahima Bansal (2025)

Development of a sustained release small molecule TrkB receptor agonist formulation for the treatment of spinal cord injury

Previous Recipients of the Innovation Jump Start Award

Dr Ian Liddle (2024)

Dr Rory Little (2023)

Dr Emma Wade (2022)

The Award for Excellence in Innovative Medicines Research

The Award for Excellence in Innovative Medicines Research continues the traditions of the earlier Value of Medicines Award (2011-2018) which was awarded for an outstanding research project involving innovative use of medicines or vaccines. This award takes a broad view of success and is designed to recognise and celebrate the efforts of an established New Zealand researcher who has made a significant scientific or clinical contribution to the development of innovative medicines or vaccines.

The winner of this award is selected by Medicines New Zealand, and is presented with the Value of Medicines Trophy.

Current Holder: Professor Peter Browett (2025)

Professor Peter Browett is a Haematologist, Professor of Pathology and Head of the Department of Molecular Medicine and Pathology at the University of Auckland School of Medicine. Over many years, he had pioneered advances in the management of blood cancers. He has driven the development of research capabilities in Auckland, is a national leader in this space and actively collaborates with Pharmac and industry to improve access to medicines in NZ.