News & Trends - Pharmaceuticals
$3 million medicinal cannabis research to benefit cancer patients
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.
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
News & Trends - Pharmaceuticals
Government inaction on mental illness faces overwhelming criticism ahead of federal election
Pharma News: The Federal Government must strengthen its support for individuals with severe and complex mental illness to prevent future […]
MoreNews & Trends - Pharmaceuticals
New CVD model marks a critical step in the right direction
Pharma News: Cardiovascular disease (CVD) affects four million Australians and claims one life every 12 minutes. A recent heart screening […]
MoreNews & Trends - Pharmaceuticals
Alzheimer’s disease set to cost $17 billion: Lilly urges government to keep pace with innovation
Pharma News: A newly commissioned report by Lilly, unveiled at Parliament House, has shed light on the health, societal, and […]
MoreLeadership & Management
J&J MedTech appoints new ANZ leader
Leadership & Management: Johnson & Johnson has been appointed a new Managing Director for its medtech business in Australia and […]
More