World-class medical research
THE State Opposition has welcomed the Turnbull Government’s commitment to boost medical research as part of the Federal Boosting the Commercial Returns from Research initiative.
Shadow Health Minister Mark McArdle said the $20 billion Medical Research Future Fund would add to the state LNP’s own initiatives to support medical research.
“Medical research translates into better outcomes for Queensland patients is vital and we recognise the importance of this job-creating industry that employs more than 23,000 research professionals who support a medicines industry of more than 40,000 people,” Mr McArdle said.
This is a vital fund that will support Queensland researchers to improve diagnostics, treatments and even find cures for some of our most intractable diseases.
The fund will help Australia to maintain a world-class medical research sector, with access to cutting edge innovation and clinical breakthroughs in our hospitals.
“We congratulate the Federal Government on its commitment to creating a health system of the future,” he said.
IT and Innovation Minister John McVeigh said the Boosting the Commercial Returns from Research initiative used good ideas and research to lift Australia’s commercial ranking world-wide.
“By capitalising on the shift of many world economies ... we can unleash Queensland’s potential and deliver the jobs Queenslanders need,” McVeigh said.
COMMITMENT: The Medical Research Future Fund boosts medical research.