News & Trends - Pharmaceuticals

$3 million medicinal cannabis research to benefit cancer patients

Health Industry Hub | October 9, 2019 |
[Total: 1    Average: 5/5]

The Morrison Government is investing $3 million from the Medical Research Future Fund (MRFF) to examine the benefits of medicinal cannabis for pain, symptom and side effect management for cancer patients.

Since her own battle, Ms Olivia Newton-John has been an advocate for breast cancer awareness and research, and through her personal experience and ongoing efforts has helped shine a light on the benefits associated with medicinal cannabis. 

Overall more than 11,000 patients are estimated to have been approved to access medicinal cannabis products – with the majority approved this year.

There have only been a limited number of well-designed clinical studies on medicinal cannabis, and there is a need to increase the evidence base to support medical professionals to make their decisions.

Given the increase in prescribed medicinal cannabis, the Government has supported the nation’s medicinal cannabis industry, and cut red tape, to help meet demand.

Fully connected organisations are 52% more valuable. How are you moving beyond the transactional touchpoints?
Differentiate your offering and amplify your brand value proposition to our 8,500+ industry professionals. Health Industry Hub offers a wealth of content in the only one-stop-hub to connect and engage Pharma, MedTech and Biotech industry professionals. Ask us how.

The medicinal cannabis industry has the potential to make a significant contribution to exports, employment and economic growth, particularly in rural and regional areas.

The first licence for an Australian company to grow and harvest medicinal cannabis was granted in March 2017, and we’re now up to 78 licences.

To support further growth in the industry, applicants with Major Project Status will be given priority to receive medicinal cannabis licences through the Office of Drug Control.

Medical research is one of the core elements of the Morrison Government’s $104 billion Long Term National Health Plan.

You may also like PSA strengthens support for Australian pharmacists working in general practice


About the author

About the author

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nam luctus finibus scelerisque. Nunc bibendum ipsum sed augue fringilla fringilla. Nullam at consectetur leo. Praesent viverra rutrum porta. Quisque vitae mi vel purus vulputate tincidunt. Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Suspendisse et mi quis nisi rhoncus feugiat at ac tellus. Sed aliquam sodales nulla ac auctor. Sed pretium lobortis purus accumsan ullamcorper. Phasellus sodales vel odio in lobortis. Duis maximus sagittis bibendum. Interdum et malesuada fames ac ante ipsum primis in faucibus. Nunc dictum tincidunt ipsum in vestibulum. Donec ut sem consectetur, aliquam quam vitae, pharetra orci. Nam egestas non velit eu rhoncus. Duis congue neque non lacus tincidunt porta. Vestibulum ultricies pulvinar sem, molestie congue dui aliquet non.
  • Ut imperdiet leo id lorem fermentum consectetur.
  • Ut vitae orci et dui varius tincidunt.
  • Ut id magna non libero vestibulum pharetra ac faucibus nulla.
Aliquam erat volutpat. Vestibulum vitae varius diam. Nulla eget congue ante. Nunc ullamcorper sagittis augue vel dictum. Mauris finibus nibh ut pulvinar auctor. Vestibulum ut faucibus nisi. Orci varius natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Quisque porta tortor ac justo malesuada elementum. Nulla tellus ante, cursus nec ex sit amet, suscipit bibendum arcu. Duis posuere orci dui, et mollis enim dictum at. Sed ullamcorper, sapien ut vulputate viverra, sem purus porttitor tellus, nec mattis mauris ligula sed risus. Nulla sagittis id ipsum eu mattis. Link to full profile

News & Trends - Pharmaceuticals

Prime Minister’s Prize for Innovation awarded to cancer drug breakthrough

Health Industry Hub | October 21, 2019 |

The discovery and development of a breakthrough anti-cancer drug has seen four senior scientists from the Walter and Eliza Hall […]

More


News & Trends - Pharmaceuticals

Pharmacist prescribing on the way

Health Industry Hub | October 21, 2019 |

The Pharmaceutical Society of Australia (PSA) has welcomed the Pharmacy Board of Australia’s position statement on pharmacist prescribing which outlines the way […]

More


News & Trends - Medical Technology

Competitive grants to turn MedTech discoveries into clinical reality

Health Industry Hub | October 21, 2019 |

Cutting edge researchers and entrepreneurs can receive up to $1 million from the Morrison Government to develop their breakthrough medical […]

More


News & Trends - Pharmaceuticals

New discovery to reduce renal failure in patients with diabetic kidney disease

Health Industry Hub | October 21, 2019 |

Researchers from Monash University’s Central Clinical School in Australia have found that a drug that has already been tested on other […]

More