The Australian Federal Government has just made a major push to fight against brain cancer, hoping to double survival rates for patients suffering from Brain Cancer. To do that, they have announced $100 million in funding and the aim is to consolidate and expand efforts to find a true cure.

The Australian Federal Government just announced the launch of a $100 million fund for Brain Cancer

After 3 decades of work fighting against Brain Cancer but not much significant progress made, efforts are now being concentrated in a bid to find a cure. Existing treatments have proven to be ineffective and costly. CEO Michelle Stewart, from the Cure Brain Cancer Foundation, applauded the announcement as “brilliant news” as this was a significant funding in the fight against Brain Cancer.

Half of the $100 million fund is expected to be contributed by the government, with the Cure Brain Cancer Foundation contributing another $20 million, Minderoo Foundation giving another $10 million and another philanthropic group expecting to contribute another $20 million according to ABC news.

One key objective being called out was the expansion of the role clinical trials played in identifying new treatment methods and finding cures. I do find it a bit worrying about the relationship being called out by Mr Greg Hunt, the health minister as he said that “We want to make sure that every Australian with a diagnosis of brain cancer, has access to clinical trials here in Australia, which gives them the opportunity to access the best treatments, the best medicine, at the earliest possible time“. We cannot forget that clinical trials do not always translate to more effective and modern treatments or cures. The line of reasoning is dangerous and might fuel more reckless R&D from people/companies seeking to cash in on the rush. Do not throw money at the problem, do it responsibly.

Even though there is hope from the resources being committed, I pray sincerely that this will not become another cumbersome and bureaucratic process, which benefits few sufferers and patients. This grandiose plan might give hope, but could also be a massive waste if the funds are not managed. The question is, who will manage it and how transparent will it be? Who will be held accountable for the results or is it another case of kicking the can down the road? Only time will tell, but $100 million is a huge sum, and 10 years is a long time.

About the Author Shane

Shane is passionate about the medical industry and constantly envisions a world without incurable diseases and chronic conditions. He seeks to use his entrepreneurship, venture capital and sales and marketing experience to bring real change to the medical industry, one insight at a time. In his spare time, he likes to spend time with his family, do online learning and read.

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