The Federal Budget announcement of a $20 billion medical research future fund will provide much needed funding certainty and consistency at a crucial time for the medical research sector.<\/p>\n
That\u2019s the opinion of the Professor Tony Cunningham, the Executive Director of the\u00a0Westmead Millennium Institute for Medical Research (WMI) in Sydney.<\/p>\n
Professor Cunningham says that WMI, which with 400 staff is one of Australia\u2019s largest\u00a0medical research institutes, needs better and more predictable funding support for areas of\u00a0promising research.<\/p>\n
\u201cMedical research needs this boost at the time when a highly promising new era of genomic\u00a0medicine is dawning \u2013which requires significant funding in order to translate research into\u00a0community health benefits.\u201d<\/p><\/blockquote>\n
\u201cWe commend the Federal Government for its vision and commitment to this new fund,\u00a0which will help meet the future challenges posed by the growing rates of heart disease,\u00a0cancers and diabetes in the Australian community,\u201d said Professor Cunningham.<\/p>\n
Professor Cunningham said medical research capacity and funding in Australia has not been\u00a0keeping pace with growing community needs.<\/p>\n
Australian medical researchers are amongst the world\u2019s best and have a great success rate\u00a0with generally limited resources.<\/p>\n
\u201cAustralian medical research is very efficient and provides the medical sector and the\u00a0broader community with great bang for the buck.<\/p>\n
\u201cHowever, our researchers clearly need more resources, and with the new fund the Federal\u00a0Government has recognised the potential for medical research to become one of the great\u00a0success stories of the future economy in Australia.<\/p>\n
Professor Cunningham said the new medical research fund should ultimately save taxpayers\u00a0money.<\/p>\n
\u201cBillions of taxpayers\u2019 dollars are spent each year dealing with diseases like cancer,\u00a0diabetes, cardiovascular disease and Alzheimer\u2019s. The budget announcement will help medical researchers to reduce the burden of disease on the Australian community, and to\u00a0make our health system more efficient,\u201d he said.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"
The Federal Budget announcement of a $20 billion medical research future fund will provide much needed funding certainty and consistency at a crucial time for the medical research sector. That\u2019s the opinion of the Professor Tony Cunningham, the Executive Director of the\u00a0Westmead Millennium Institute for Medical Research (WMI) in Sydney. Professor Cunningham says that WMI, […]<\/p>\n","protected":false},"featured_media":2446,"parent":0,"menu_order":0,"template":"","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}}},"categories":[19],"class_list":["post-2498","news","type-news","status-publish","has-post-thumbnail","hentry","category-cat-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/wimr.org.au\/wp-json\/wp\/v2\/news\/2498","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wimr.org.au\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/wimr.org.au\/wp-json\/wp\/v2\/types\/news"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wimr.org.au\/wp-json\/wp\/v2\/media\/2446"}],"wp:attachment":[{"href":"https:\/\/wimr.org.au\/wp-json\/wp\/v2\/media?parent=2498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wimr.org.au\/wp-json\/wp\/v2\/categories?post=2498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}