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The Medical Research Future Fund (MRFF)

The Medical Research Future Fund (MRFF)
15 August 2016

The $20 billion MRFF will provide funding to support health and medical research and innovation to improve the health and wellbeing of Australians.

During the recent Federal election, MSA asked for “full funding and timely roll out of the Medical Research Future Fund and assistance with prioritising an allocation from the Fund of $25 million to (MS Research Australia) for the purpose of funding a number of promising, signature areas of research that will boost the chances of finding a cure for MS.”

We believe a cure for MS is within the grasp of this generation of political leaders and researchers.

We’re pleased to see that the MRFF is now established, a governing Board appointed and is moving through a consultation phase.

 

What’s happening now

MRFF received 167 strategy and 163 priority-related submissions, including from MS Research Australia and public/consumer feedback. The MRFF will use this to make recommendations to government - ideally practical outcomes that will impact the health and wellbeing of Australians.

 

What will happen next

The funding allocation process is not yet clear, but we know approximately $800 million will be distributed over the next four years and then approximately $1 billion annually.

MRFF is pleased with the number of submissions from health and medical research organisations and Universities, but wants to hear from more consumers about their hopes and needs from the Fund. The formal consultation period is closed, but it’s still possible to send submissions to the MRFF Advisory Board.

We know multiple sclerosis isn’t as common as some medical conditions raised as priorities (such as obesity, cancer and diabetes), but the impact of MS on individuals and their families can be significant.

For the Australian community, the cost of MS is over $1 billion per annum, with over half that amount due to reduced employment opportunities for people with MS, their families and carers.

Autoimmune diseases like MS have enormous health and societal costs and, we believe, should be a collective priority area. MS Research Australia will be writing to the MRFF Advisory Board again to highlight the need to prioritise collaborative research into this area. This would focus the best minds on the needs for people living with autoimmune diseases and address the key unanswered scientific questions, common to all these disorders.

MS Research Australia and MS Australia will be doing everything we can to keep multiple sclerosis on the agenda for this important new source of funding for medical research. But you can get involved too!

To read about the Fund visit: health.gov.au/mrff

 

Have your say!

  • Participate in the national live webinar on Wednesday 31 August (time TBC) - check here for details: http://bit.ly/2aCkYTG
  • Email the MRFF Advisory Board to provide feedback regarding the Fund’s strategies and priorities: MRFF@health.gov.au
  • Share/re-tweet MSA posts and tell others!

Any queries, please don’t hesitate to email us: info@msaustralia.org.au