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New govt grant allocated to help market medical discoveries

17 April, 2008

Retinal imaging to identify people at high risk of developing cardiovascular disease, a dressing that will reduce the severity of scars and a “smarthroscope” that distinguishes between healthy and damaged tissue are among 22 National Health and Medical Research Council development grants announced recently by the Australian Government.

The grants, worth $4.4 million, will provide funding for researchers to translate the results of their research into products that benefit consumers in Australia and overseas.

They fund research commercialisation at the early proof-of-concept stage and support development work in fields related to human health including diagnostics, medical devices, pharmaceutical products and biotechnology.

Among the grant recipients are:

  • Professor Tien Wong, Centre for Eye Research Australia, $244,000 for retinal imaging to identify people at risk of cardiovascular disease
  • Professor Zee Upton, Queensland University of Technology, $157,500 for dressings for scar remeditation
  • Dr Allison Cowin, University of Adelaide, $187,000 to develop a novel treatment for wounds
  • Professor David Craik, University of Queensland, $218,000 to develop a new drug for pain treatment
  • Professor Adekunle Oloyede, Queensland University of Technology, $221,000 to develop a device that will distinguish between healthy and damaged tissue.
Since 2004 NHMRC has awarded 86 development grants totalling $16.5 million.

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