The NSW 2012-13 Budget has allocated funding of more than $45 million for the Office for Medical Research, including:

  • $5 million for the Medical Research Support Program (bringing the state’s total spend on the program to $37 million each year) to support independent medical research institutes;
  • $5 million for a new Medical Devices Seeding fund; and
  • $3.5 million to further support the implementation of the Health and Medical Research Strategic Review.