George Institute welcomes funding in Federal Budget
The George Institute for Global Health welcomes the Federal Government’s commitment to the Medical Research Future Fund that was announced in the Budget.
Executive Director of the Institute for Australia and Professor at the University of Sydney, Vlado Perkovic, said the initial funding was a welcome start.
“Medical research is the key to future health and happiness for families around the world,” Prof Perkovic said.
“It is pleasing to see the Federal Government re-commit to the fund announced last year by promising $1 billion, including $10 million in the next year and $400 million over the next four years.
“Medical research can in return have a positive impact on the budget, by identifying areas where treatment can be improved and lives saved, thereby reducing the burden on the health system.”
Professor Perkovic said research at the George Institute for Global Health had already changed lives across the world.
“Whether it is the best treatment for back pain, or analysis on saving lives through salt reduction in food, people and governments are benefiting from our research,” he said.
“We have a global network of medical and health experts working together and it’s great to see government getting behind us, with announcements such as those in the budget.
“We welcome the commitment to introduce the legislation and look forward to the exciting breakthroughs the fund will help to produce in the years to come.”
13 May 2015
MEDIA ENQUIRIES
Aaron Wakeley, Senior Media Advisor, Australia
The George Institute for Global Health
P: 0417 249 295 E: awakeley@georgeinstitute.org.au
