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Researchers at Monash University receive $50.47 million in funding

The 27 projects that are supported by the National Health and Medical Research Council (NHMRC) Investigator Grants given to Monash University academics include studies into the AI-based treatment of dementia, cardiovascular disease, diabetes, and ways to improve life support systems through artificial intelligence. Almost $50.47 million has been awarded by Federal Minister for Health and Aged Care Mark Butler to researchers at Monash University across the following departments: Faculties of Medicine, Nursing and Health Sciences (MNHS), Pharmacy and Pharmaceutical Science, and Science and Engineering.

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According to Business Wire, global Healthcare Industry will be worth $12T by 2022. Healthcare is vast and highly fragmented with a mix of public and private players. It comprises patients and healthcare providers such as hospitals, pharmaceuticals, and related life sciences.

Digitisation and Post-Covid world are set to transform the healthcare industry in the coming decade. Our weekly business newsletter covers innovations and disruptions in the Healthcare industry with global coverage.

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