$12 million for new heart disease and diabetes medical supports

The Australian Government is investing $12 million for the development of locally made medical devices and medicines for people with cardiovascular disease and diabetes. Funding is from the Medical Research Future Fund (MRFF).

Date published:
Audience:
General public

Fourteen Australian start-up and innovative companies will receive funding and commercialisation support to develop: 

  • devices that address atrial fibrillation, ocular drug delivery, high-risk coronary artery disease, cardiogenic shock, stroke, and preeclampsia 
  • drugs or treatments for kidney disease, acute ischaemic stroke, diabetic retinopathy, atherosclerotic cardiovascular disease, type 1 and 2 diabetes, diabetic kidney disease and peripheral arterial disease. 

Funding is from the Targeted Translation Research Accelerator program under the MRFF’s Preventive and Public Health Research initiative. Industry will contribute over $17 million in additional funding to these projects. 

Read the media release for more information. 

Learn about the MRFF.

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