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The Albanese government is investing in a once in a generation transformation of health and medical research in Australia. This will mean that patients get easier and earlier access to potentially lifesaving clinical trials, and Australia gets better value from the $1.5 billion in research grants awarded each year, and health priorities get more funding like women’s health, reducing health system inequality, and cancers with low survival rates.
The “Health Research for a Future Made in Australia” package has a total investment of $1.89 billion, and includes:
The Medical Research Future Fund (MRFF) and the National Health and Medical Research Council (NHMRC) deliver $1.5 billion in grants each year. The Albanese Government will develop a National Health and Medical Research Strategy (National Strategy) to build on the national strengths and fill any gaps, while attracting researchers and investors.
The National Strategy will cover the entire sector and include all levels of government, industry, philanthropy, academia and consumers. The National One Stop Shop will give Australians early access to potential life-saving and life changing treatments, by streamlining the process to conduct a clinical trial via a single national platform and set of regulations.
The government is also announcing $62 million in research grants to 26 clinical trials across the country, as part of the MRFF’s Clinical Trials Activity initiative.