Imagine a healthier future
Australian health and medical research is world-class, with successes such as the cochlear implant, Gardasil vaccine, ‘spray-on skin’, and using lithium to treat mania. However, Australia’s funding of health research and development lags behind many other western nations (see Health and Medical Research: Economic facts and figures).
MRFF Action Group media release (17th October 2014):
NHMRC PROJECT GRANT SUCCESS RATE OF JUST 14.9 PER CENT HIGHLIGHTS NEED FOR THE GOVERNMENT’S MEDICAL RESEARCH FUTURE FUND
Australia’s leading universities, medical research institutes, hospitals and health services undertaking medical research have joined forces to support the Federal Government’s proposed Medical Research Future Fund (MRFF). The MRFF Action Group promotes the benefits this fund will bring to the health and prosperity of all Australians, as well as the advances it will make in dealing with global health challenges.
A publicly-owned perpetual endowment fund, the MRFF is slated to build to $20 billion over the next decade, helping to secure funding for health and medical research into the future. As proposed, the MRFF will eventually deliver $1 billion in annual funding for health and medical research. It is vital that the size and pace of the MRFF be achieved to prevent us falling further behind other nations.
Professor Rob Shepherd said “The Bionics Institute advocates that the MRFF should actively contribute to the commercialisation of Australia’s outstanding medical research.”
The health and medical research sector recognises concerns in the community (including among researchers themselves) about using a Medicare co-payment to fund the MRFF. The Action Group does not advocate for or against particular mechanisms for capitalisation of the fund, how it will be governed or structured, or how its funds will be allocated.
What can I do?
It sounds obvious, but good old letter writing to politicians is going to be central to us seeing the MRFF realised at its full potential.
The more support shown from across the community (researchers, healthcare providers, patients, people from the community) the better. Visit the campaign website for details of politicians you could write to.
Imagine a Healthier Future (brochure supporting the campaign).
Why Australia needs a Medical Research Future Fund
(summary document by the Association of Australian Medical Research Institutes, AAMRI).