$100 million boost for future medical manufacturing

$100 million boost for future medical manufacturing

14 Jul 2025

The Australian Government is investing $98.9 million to support biomedical and medical technology innovations through three innovative organisations. Funding is from the Medical Research Future Fund (MRFF)

These Australian organisations will act as incubators, uplifting small and medium-sized enterprises to turn their early-stage research and innovation projects into real-world products. 

This investment will lead to new or repurposed medicines, digital health technologies and new medical devices. 

Funding is from the MRFF’s Medical Research Commercialisation initiative.

Read the media release for more information.

Learn about the MRFF.