IBM has announced its support for building a new state-of-the-art research facility at Melbourne University in order to help conduct disease research, enhance resources in area of biotechnology and advance knowledge of the environment and agricultural sustainability.

Scheduled to open in the first quarter of next year, the new facility will be the first IBM global research and development laboratory anywhere in the world, and is expected to lead to the creation of around 150 new research jobs over the next five years.

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