The national peak body for health and medical research innovation, Research Australia, welcomes today’s government announcement of the Strategic Examination of Research and Development (R&D) Chair, Ms Robyn Denholm and the Terms of Reference.
More than a quarter (26%) of all Australian R&D is spent on health and medical research innovation and development (HMRI&D), accounting for $10 billion. HMRI&D accounts for more than one third (35%) of all R&D expenditure in higher education institutions. Over 30% of all HMR expenditure is within the private sector.
Investing strategically in Australia’s HMRI&D – across the entire pipeline – is critical. Investing strategically in Australia’s HMRI&D not only contributes to a healthy nation but also a healthy economy. It will improve our health outcomes now, and will set us up for future generations. It is because of this, Research Australia reiterates the call the Strategic Examination R&D must include a dedicated focus on health and medical research innovation and development.
Research Australia’s CEO, Nadia Levin highlights the crucial timing of the Strategic Review, “the review is being undertaken during the same period as the development of the National Health and Medical Research Strategy. These two national processes offer a once in a generation reform process to take a whole of government, including across portfolios and jurisdictions, and whole of pipeline approach to health and medical research. Both the Chairs need to work with the sector to ensure we bring our insights to this opportunity with enthusiasm and commitment.”
Ms Levin explains the focus the reforms need to take, “Australia needs to mobilise the disparate parts of the pipeline, activate policy implementation and remove barriers for the sector to thrive, and ignite the urgency of doing this now. The health and medical research innovation pipeline, including the policy and funding landscape, needs to be truly collaborative, transparent and competitive.”
Research Australia, as the national peak representing the entire pipeline – including universities, medical research institutes, health services and systems, industry and community/consumer groups – is looking forward to working closely with both the Strategic Examination and the National Strategy, focusing on the following four key priorities:
1. Australia needs to create momentum through a whole of pipeline and government approach, across portfolios and jurisdictions, by putting research, development and innovation at the heart of all government policy.
2. Australia needs smarter investment to remain globally competitive. We need to fund the full costs of research including infrastructure; we need a measurable pathway to R&D investment of 3% of GDP; and we need to incentivise the growth opportunities for our venture capitalists and develop companies that are attractive to private equity, are an integral part to any economic growth strategy. In addition, the Government should use its significant procurement power to support local health and medical research manufacturers to bring their products to market sooner and importantly, stay in Australia.
3. Australia needs a national health and medical research workforce plan that has a long-term vision with immediate incentives for, strengthening, boosting and building capacity across the current workforce. The focus needs to be on early-mid career development; clinician researchers; circular mobility; and creating the conditions for a research-active workforce.
4.Improving health outcomes requires investment in advancing prevention as well as a focus on how health and medical research innovation and development contributes back to policy platforms like climate change, cost of living, including poverty, global health and geopolitics.
Achieving equitable health outcomes through equity in HMRI&D underpins all four priorities.
Research Australia, on behalf of our members across the whole health and medical research pipeline congratulates and looks forward to working with Ms Robyn Denham and the other panel members.
