Over $500m for medical research
Thursday, 23 October, 2014
The Australian Government has allocated $580.2 million to help Australian health and medical researchers find the cures, treatments and medical devices of the future.
The funding will support 848 National Health and Medical Research Council (NHMRC) grants, including:
- 555 Project Grants ($421.1 million)
- Eight Partnership Projects ($7.3 million)
- 19 Centres of Research Excellence ($47.3 million)
- 125 Early Career Fellowships ($39.4 million)
- 58 Career Development Fellowships ($24.1 million)
- 10 Translating Research into Practice Fellowships ($1.7 million)
- 47 Equipment Grants ($6 million)
- 26 Independent Medical Research Institutions Infrastructure Grants ($32.7 million)
The funding was announced by Prime Minister Tony Abbott and Minister for Health Peter Dutton. It is intended to ensure Australia remains a world leader in medical research.
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