Last week’s passing of the legislation for the Medical
Research Future Fund (MRFF) in the Senate has brought hope not just to the
Australian health and medical research sector but also to the entire country,
according to the Association of Australian
Medical Research Institutes (AAMRI).
“As we have noted throughout this process, we need to act
today to ensure Australia’s future health and wealth through research that
saves and improves lives and, at the same time, delivers an economic return for
the nation,” said AAMRI President Professor Doug Hilton.
“The passage of the MRFF bill paves the way for greater
security of funding for medical research across Australia,” said Head, School of Clinical Sciences at Monash
Health Professor Eric Morand.
“Questions remain about the source of long term funding, and
the status of peer review in the process of funding, and Monash will continue
to monitor this space carefully but this is a vital first step."
The MRFF is expected to deliver more than $400 million in
disbursements to researchers over the next four years, building to $1 billion
per year within the decade. This funding is in addition to that allocated to
the National Health and Medical Research Council (NHMRC).
For more information, please read the Federal
Government's media release and the Association
of Australian Medical Research Institutes (MRFF )
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