$69 postpage LB

Health Department to Shell Out $38 Million For Research On Diabetes And Heart Diseases

  • January 14, 2021 06:15 PM AEDT
  • Team Kalkine

The Federal Government of Australia will be dedicating $38 million towards extensive research projects to support Australians in their battle with diabetes and heart diseases. 

Gold MTF non-AMP

Australia’s Department of Health announced the allocation recently. $20 million will be allocated towards two big research centres dedicated to averting and curing diabetes and cardiovascular diseases.

The other part worth $18 million will be allocated to multiple projects dedicated to translation of significant information from labs and doctors’ offices to real-world treatments.

Under the special initiative ‘Targeted Transaction Research Accelerator (TTRA) initiative by the Federal Government, the funding will be taking place. The initiative is controlled by meditech organisation MTPConnect.

According to Health Minister Greg Hunt, the decision on the funding happened to come into place after discussions with doctors and patients.

 


Disclaimer
The website https://kalkinemedia.com/au is a service of Kalkine Media Pty. Ltd. (Kalkine Media) A.C.N. 629 651 672. The principal purpose of the content on this website is to provide factual information only and does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform. In providing you with the content on this website, we have not considered your objectives, financial situation or needs. You should make your own enquiries and obtain your own independent advice prior to making any financial decisions.
Some of the images that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed on this website unless stated otherwise. The images that may be used on this website are taken from various sources on the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image. The information provided on the website is in good faith, however Kalkine Media does not make any representation or warranty regarding the content, accuracy, or use of the content on the website.

 

   
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK