The STRIP was officially opened on 18 February 2010 by Nobel laureate Professor Elizabeth Blackburn.
[1] Monash STRIP houses many of Australia's major scientific research centres and companies, including the Australian Stem Cell Centre (Australia's National Biotechnology Centre of Excellence), Stem Cell Sciences Pty Ltd, Nanovic (Nanotechnology Victoria), the Victorian Institute of Chemical Sciences, the National Printing Laboratory, the Australian Regenerative Medicine Institute and the Monash Immunology and Stem Cell Laboratories.
The location of the cluster – Clayton – places it in the centre of Melbourne's south-eastern suburbs.
As more and more businesses develop within the STRIP, it is anticipated that adjacent university land will be used to accommodate increased industry presence.
[1] Other research facilities at the Clayton Campus include the ANSTO's Australian Synchrotron and the CSIRO, which are both closely involved with some of the tenants at Monash STRIP.