Australia’s Health Research Funding Misaligned with Public Health Needs
A recent analysis reveals alarming discrepancies in Australia’s health research funding, particularly through the Medical Research Future Fund (MRFF). Despite intentions to prioritize public health, less than half of the funded projects genuinely focus on prevention. This highlights a critical need for reform in funding strategies to effectively combat preventable diseases and improve overall health outcomes for Australians.
Sydney Neuroimaging Centre Secures Funding for AI-Powered Brain Disease Analysis Software
Sydney Neuroimaging Analysis Centre has secured significant government funding and regulatory approval for its innovative AI-powered software to analyze and monitor brain diseases. The A$3.75 million funding from ANDHealth+ will advance the commercialization of its AI-enabled medical imaging software, iQ-solutions, offering precise analysis of brain structures from MRI scans. SNAC is also developing tools like Torana and VeriScout for medical scan management and automatic detection of cerebral hemorrhage. With global market clearances, SNAC is set to make a significant impact in the $250 million brain image analysis market.