Medical research funding in NSW budget
The New South Wales State Budget has outlined $105.6 million for medical research in the 2011-12 financial year.
Major investments in medical research in 2011-12 include:
- Over $60 million for capital grants to the Westmead Millennium Institute, Australian Advanced Treatment Centre at Prince Of Wales Hospital, Neuroscience Research Australia, and the Children’s Medical Research Institute at Westmead.
- $32 million for the Medical Research Support Program which supports infrastructure and operating costs for 17 medical research institutes in NSW. This includes rolling $10 million into the base funding that was previously only “top up” funding, and a $5 million boost as per election commitments.
- Almost $3 million for the Spinal Cord Injury and Other Related Neurological Conditions Research Grants Program.
- Almost $10 million for the Translational Cancer Research Program, with grants administered by the Cancer Institute NSW.
The NSW Government has also established an Office for Medical Research and is developing the state's first 10-year Health and Medical Research Strategic Plan.