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JDRF Announces
$35 Million Injection for Diabetes Research
November 12, 2004
The Juvenile
Diabetes Research Foundation (JDRF) has announced a $35 million
investment package in Australian research in a bid to find a cure
for type 1 diabetes.
The announcement
was made ahead of World Diabetes Day on Sunday 14 November, with
JDRF partnering the federal government and ipac Securities to fund
what the organisation describes as an extraordinary level
of research funding, which is believed to be a record in Australia.
CEO of JDRF,
Ms Sheila Royles said Type 1 (also known as juvenile or insulin-dependent)
diabetes was the most serious form of diabetes.
More than
140,000 Australian children and adults suffer from the unpreventable,
life-long condition which can lead to heart disease, kidney failure,
nerve damage, blindness and amputation. Type 1 diabetes is conservatively
estimated to cost the Australian community $2.5 billion to treat
each year, she said.
With incidence
of type 1 diabetes increasing by 37% over the last decade, the enormous
economic and social costs associated with the disease will only
continue to increase.
JDRF is
determined that type 1 diabetes will the first chronic disease to
be eradicated, and that will only happen through a concerted, large-scale
commitment to medical research. Clinical trials are the costliest
and most demanding phase of research, so investment of this magnitude
is absolutely critical for progress.
The $35 million
will support a diverse and expanding program of research, including
an islet transplantation research centre, 27 individual research
projects and a program to support young scientists. Details of the
funding follow:
Islet Transplantation Global Centre of Excellence - $25 million
The transplantation
of insulin-producing islet cells has emerged as one of the most
promising avenues for a cure. Over 300 people around the world have
already been cured of type 1 diabetes through this revolutionary
procedure.
The federal
government and JDRF are joining together to establish a world-class
research centre which aims to take islet cell transplantation from
an experimental procedure to a genuine clinical option for all Australians
with type 1 diabetes. Funding for the $25 million Islet Transplantation
Global Centre of Excellence ($23.5 million from the government and
$1.5 million from JDRF*) was announced by Mr Tony Abbott MP, Minister
for Health, prior to the federal election.
We applaud
the foresight of the federal government in recognizing the promise
of this life-transforming procedure and understanding the importance
of funding research to make it a reality, said Ms Royles.
Without this level of support, an Australian islet transplantation
program is not possible. Now, Australia can not only establish a
clinical program of islet transplantation for appropriate patients,
for the first time we can also join the co-ordinated international
effort to solve the remaining problems of islet transplantation.
* JDRF and
the National Health and Medical Research Council (NHMRC) already
fund seven diabetes research projects, with JDRF committing $17.6
million to the research program and the NHMRC $7.5 million between
2001 and 2006.
JDRF Research Grants - $9 million
JDRF is the
worlds largest non-profit, non-governmental contributor of
funds to diabetes research, funding an estimated 35% of all type
1 diabetes related research globally. In the year ahead, JDRF will
commit $9 million to 27 research projects around Australia. In addition
to research already underway, JDRF recently awarded 5 new grants.
Funding for further projects will be announced early in 2005.
- Dr James
de Jersey, Alfred Medical Research and Education Precinct (US$103,000)
- Dr Murthy
Krishna, St Vincents Institute of Medical Research (US$105,000)
- Dr Leon Bach,
University of Melbourne (US$472,500)
- Dr Susan
McLennan, University of Sydney (US$ 425,000)
- Dr George
Werther, Murdoch Childrens Research Institute (US$384,000)
ipac Securities Young Scientists Program - $180,000
Six of Australias
most respected investment strategists and commentators have joined
with JDRF to encourage Australias brightest and most talented
young scientists to study type 1 diabetes. The ipac Securities
Young Scientists Program will provide $180,000 over the next
three years for various research grants, all of which target promising
scientists at the start of their careers, to further their expertise
in the study of type 1 diabetes.
The six ipac
Securities directors and their wives - Paul & Vicki Clitheroe,
Arun Abey & Assunta Perera, Peeyush & Shubhra Gupta, Suvan
& Shamistha de Soysa, Steve & Roey Higgs and Darryl &
Judy Harford are personally supporting the ipac Securities
Young Scientists Program.
By providing
financial support early in their careers, we hope to give promising
young investigators an opportunity to establish themselves at the
leading edge of diabetes research, said ipac Securities Chairman
Arun Abey.
For further information:
Karolyn Andrews,
Media & PR Manager, JDRF
Ph. 02 9966 0400 (x203) or 0403 787 077 | email: kandrews@jdrf.org.au
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