The streets of Florey are named after Australian scientists. The suburb itself is named after Howard Walter Florey, Baron Florey of Adelaide and Marsden who shared the Nobel Prize in Physiology or Medicine in 1945 for his role in the extraction of penicillin.
Florey is surrounded by the suburbs of Evatt, Melba, Latham, Scullin, Page and Belconnen.
The scientist who originally discovered penicillin, Scotsman Alexander Fleming, abandoned his experiments with this new substance, believieng that it would not survive long enough in the human body to kill bacteria.