Country Correspondent: Sonĵ Hall
The Texas Medical Center and the Australian government have signed an agreement to collaborate in medical research and clinical trials. The partnership will position Australian researchers to innovate in the fields of precision medicine, genomics, rare cancers, and brain cancers by sharing ideas and experiences with American colleagues. The medical center houses the world’s largest children’s and cancer hospitals, while the Australian billion-dollar medical research industry is expected to triple in size in the next five years. Last year, the Australian government established an AUD 20 billion (USD 14.3 billion) endowment fund in medical research, which represents the single-largest investment in medical research in the country’s history.