The future of a government funding program which has assisted teams developing artificial hearts and turning spider venom into drug therapies is in doubt.
The NSW Medical Research Support Program has provided about $45 million a year to the state’s medical research institutions.
“Through this investment, NSW Health aims to attract and retain the best researchers, and support the state’s capacity to deliver world-class medical research,” its website boasts. “These indirect costs of doing research are going up and up, and it’s absolutely expected to keep going up as regulatory requirements increase,” he said.
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