Stephen Leeder -Uni of Sydney - Invest now or later? The Government plan to invest the money raised...
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Transcript of Stephen Leeder -Uni of Sydney - Invest now or later? The Government plan to invest the money raised...
Stephen LeederMenzies Centre for Health PolicyThe Medical Journal of Australia
Thursday September 25th 2014
The Future of Medical Research Symposium
How should we invest in research for the future?
Form of PresentationWhat kind of future can we anticipate?What will be the big drivers of medical research
expenditure be in the future?How can we organise to pay for these?
Menzies Centre for Health Policy Stephen Leeder ─ The Medical Journal of Australia
The kind of future we can anticipate
Menzies Centre for Health Policy Stephen Leeder ─ The Medical Journal of Australia
In 20 years…Assuming the absence of major war,
massive international financial chaos, an unknown global pestilence or unforeseeable catastrophe, Australia will still be a prosperous country and will retain a strong commitment to treating illness and sustaining health.
Technological advances will be affecting the way we treat a wide variety of conditions today, including the degenerative disorders.
Menzies Centre for Health Policy Stephen Leeder ─ The Medical Journal of Australia
The communication of information, both personal and technical, will be revolutionized affecting the way we practise, as in parts of the US that are fully connected even now.
The computation of information will
continue to grow rapidlyAgeing of the population will grow.
In 20 years…
Menzies Centre for Health Policy Stephen Leeder ─ The Medical Journal of Australia
“There are known knowns. These are things we know that we know. There are known unknowns. That is to say, there are things that we know we don’t know. But there are also unknown unknowns. There are things we don’t know we don’t know.”
Donald Rumsfeld
Menzies Centre for Health Policy Stephen Leeder ─ The Medical Journal of Australia
The Future
Knownknowns
Knownunknowns
Unknownunknowns
Menzies Centre for Health Policy Stephen Leeder ─ The Medical Journal of Australia
Known knowns Age Selected ‘One Nation’ population pyramids, Australia, 1998─2098
Menzies Centre for Health Policy Stephen Leeder ─ The Medical Journal of Australia
Global Land-Ocean Temperature Index
Menzies Centre for Health Policy Stephen Leeder ─ The Medical Journal of Australia
Menzies Centre for Health Policy Stephen Leeder ─ The Medical Journal of Australia
The big drivers of medical research in the future
Menzies Centre for Health Policy Stephen Leeder ─ The Medical Journal of Australia
How are we doing with IT?• Every two days we create as much information as we did
from the dawn of civilization to 2003 – that’s 5 exabytes of data or five billion gigabytes
Menzies Centre for Health Policy Stephen Leeder ─ The Medical Journal of Australia
Menzies Centre for Health Policy Stephen Leeder ─ The Medical Journal of Australia
A 27 km Franco-Swiss underground racetrack involving 10,000 scientists
The Large Hadron Collider
Menzies Centre for Health Policy Stephen Leeder ─ The Medical Journal of Australia
How to fund the future of medical researchThe value of a diversified portfolioArguing the case – a value proposition in a science-
saturated societyCapital and recurrent costs within a national science
policy with generous government supportObtaining more investment from private industryLocating Australian medical research internationally.
Menzies Centre for Health Policy Stephen Leeder ─ The Medical Journal of Australia
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Menzies Centre for Health Policy Stephen Leeder ─ The Medical Journal of Australia