07 November 2016

Today, over 200 leaders in health and medical research from bio techs, universities, pharmaceutical companies, leading research institutes and consumer groups met in Sydney to discuss the future of medical research in NSW.

Minster for Medical Research Pru Goward said the exchange was an opportunity to consider how we can build on our strengths to make NSW a destination of choice for health and medical research, researchers, clinical trials, biotechs, pharmaceuticals and for investors.

“We had some of the best minds coming together to make NSW a world leader in medical research,” Ms Goward said.

“We want priceless and incredible scientific discoveries and breakthroughs to be in hospital wards, care facilities, homes, and seen in the renewed comfort and hope of patients.

The NSW Government has invested over one billion dollars into health and medical research since 2011. There has been increased investment in our respected medical research institutes. We have also brought researchers and innovators together to solve complex health problems with the Medical Devices Fund and supported priority-driven population health and health services research, through the Translational Research Grants Scheme.

These and other initiatives are adding capacity to our system and driving important changes.

Today we built on those strong foundations with a focus on four key areas:

  • creating a high quality sustainable health and medical research workforce
  • using health and medical research to deliver better value care and health outcomes
  • embedding a culture of collaboration within the health system across disciplines and with industry
  • making NSW a global leader in clinical trials.

“We have extraordinary strengths in NSW with some of the best and brightest researchers in the world, a strong economy, a strong and growing financial services sector, a supportive international pharmaceuticals sector, mature biotechs and promising start-ups. Now is the time to bring all that together to achieve great things for research in NSW,” Ms Goward said.