AAMRI congratulates new Science Minister, continuing Health Minister

AAMRI congratulates new Science Minister, continuing Health Minister

21st September, 2015

The Association of Australian Medical Research Institutes (AAMRI) congratulates Minister for Industry, Innovation and Science, the Hon Christopher Pyne, on his new ministry and Health Minister, the Hon Sussan Ley, on her continuation in this critical ministry.

AAMRI looks forward to working with them both to ensure that the government’s new Medical Research Future Fund (MRFF) has maximum impact on the health and prosperity of Australians, and contributes to Prime Minister Turnbull’s vision for a 21st Century Government.

“As Prime Minister Turnbull noted last week, this is an exciting time to be alive, and we need to support innovation in Australia for our nation to have a successful economic future. Nowhere is innovation more evident than in the health and medical research sector where discoveries play a crucial role in improving our health system, saving Australians’ lives and delivering the jobs of both our present and our future,” AAMRI President Professor Doug Hilton said.

“Health and medical researchers are helping us to live longer, healthier and more productive lives than ever, but there is much more to do to overcome the burden of some of our most intractable and challenging conditions such as dementia, diabetes, heart disease, mental illness and cancer. This is where innovation is key.

“The pharmaceutical and medical devices sector is Australia’s best performing smart industry and we hope that Minister Pyne will do all that he can to ensure the growth of this sector while working in his new ministry.”

Professor Hilton said the MRFF had an important role to play in realising Prime Minister Turnbull’s vision for an innovative, competitive and productive Australia.

“We look forward to continuing to work with Minister Ley, and to meeting with Minister Pyne, in seeing the MRFF fully capitalised at $20 billion by 2020 and delivering an extra $1 billion per year in funding to help us discover the treatments and cures for so many of the conditions affecting Australians, lowering costs to the health system and creating exports,” Professor Hilton said.

“Minister Ley has demonstrated time and again that she understands the outstanding returns investing in health and medical research delivers to Australia and we hope Minister Pyne will also appreciate the need for the MRFF to reach its full potential.

“We know that every dollar invested in health and medical research returns at least two dollars, with many studies suggesting this rate of return is much higher. These returns come not just from marketable medical discoveries but also from more efficient diagnoses and treatments. Health and medical research is already an important part of our economy, and will only continue to grow in importance through the MRFF and other initiatives.”

Professor Hilton thanked outgoing Minister for Industry, Innovation and Science, the Hon Ian McFarlane, for his work in the role, and congratulated Senator the Hon Fiona Nash on her appointment as Minster for Rural Health and the Hon Mr Ken Wyatt AM on his appointment as Assistant Minister for Health.