Clinical trials funding
Helpful resources and recommended websites to secure funding for your clinical trial.
Funding at a glance in Australia
The National Health Medical Research Council Fund is the largest single source of direct government funding for clinical trials in Australia. It provides around A$100 million in funding annually through a wide range of programs.
Clinical trials in Australia contributed approximately $1.6 billion to the Australian economy in 2022, representing approximately 22% of total spending on health research in Australia (MPTConnect Australia’s Clinical Trial Sector report, June 2024).
What stage in the clinical trial process should funding be considered?
Funding should be considered at the very beginning of the clinical trial process, during the planning and design stage. Securing funding early is crucial because it influences every subsequent phase of the trial.
Sources of funding for clinical trials
In Australia, the national Clinical Trials Activity initiative will provide $750 million over 10 years from 2024–25 to help Australian researchers and patients test new treatments through national and international clinical trials. It will also support research on rare cancers, rare diseases and unmet needs.
The initiative is funded by the Medical Research Future Fund (MRFF) and administered by National Health and Medical Research Council (NHMRC).
Learn more about clinical trial funding
Do you want to know more details about funding sources and learn some hints and tips when applying for funding?
If so, visit our blog on ‘Clinical trial funding and where to secure it.’
Visit My Clinical Trial Planner
If you are undertaking a new clinical trial, Health Translation Queensland is making this process easier.
Use our free tool, My Clinical Trial Planner, which is designed to support clinical trials at every stage of the process.
