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$12 million for new heart disease and diabetes medical supports

01 Jul 2025

The Australian Government is investing $12 million for the development of locally made medical devices and medicines for people with cardiovascular disease and diabetes. Funding is from the Medical Research Future Fund (MRFF)

Fourteen Australian start-up and innovative companies will receive funding and commercialisation support to develop:

devices that address atrial fibrillation, ocular drug delivery, high-risk coronary artery disease, cardiogenic shock, stroke, and preeclampsia
drugs or treatments for kidney disease, acute ischaemic stroke, diabetic retinopathy, atherosclerotic cardiovascular disease, type 1 and 2 diabetes, diabetic kidney disease and peripheral arterial disease.

Funding is from the Targeted Translation Research Accelerator program under the MRFF’s Preventive and Public Health Research initiative. Industry will contribute over $17 million in additional funding to these projects.

Read the media release for more information.

Learn about the MRFF.