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Australia is globally recognised for its exceptional medical research output. Success stories like ResMed, a global leader in sleep technology, demonstrate Australia’s ability to translate scientific discoveries into improved patient care.
Australia’s Medical Science Co-Investment Plan notes, “Australia’s health and medical research is an outperforming sector … Australia is ranked 5th in the World Index of Healthcare Innovation.”
However, despite our nation’s strong research activities and outputs, we have too many failures in the journey from research to product….