Medical research in Australia will receive a boost with news of a $11.4 million grant in Federal Government funding to be presented to Australian researchers.
The researchers who will receive the funding have formed partnerships with Australian community hospitals, state governments and patient representative bodies, and will aim to back research for various health issues affecting Australians.
Minister for Health, Peter Dutton, stated that the funds will encourage relationships and alliances between "partners who deliver or make decisions about health care services, and researchers who can offer tailored, evidence-based solutions".
The funding will support 14 new partnerships and is jointly provided by the National Health and Medical Research Council (NHMRC) and other partners, and Mr Dutton commended the government's commitment to health and medical research in Australia.
"This latest announcement includes funding for research that aims to improve outcomes for children with cerebral palsy, assess the impact of exposure to toxic chemicals in early life and enhance the quality of services for young people with mental illness," Mr Dutton stated in an April 30 press release.
Further funding for health and medical research will be beneficial for those looking to invest in health insurance, as the healthcare industry will be able to advance and thus provide better care.
This opinion was backed up by NHMRC CEO Professor Warwick Anderson, who stated "these are highly targeted research projects which hold the potential to deliver better health outcomes for the whole family."