Blackmores welcomes the Commonwealth Government’s $5 million in dedicated funding through the National Health and Medical Research Council (NHMRC) which will add to the growing body of complementary medicine research.
This research funding will build the existing body of evidence for complementary medicines, build research capacity, provide a point of co-ordination for research, and increase community knowledge.
“The funding demonstrates the Government’s commitment to research in this area of healthcare,” said Marcus Blackmore.
“Seventy per cent of Australians use natural healthcare products and one in three health consultations in
The funding was announced by Minister for Health and Ageing, Tony Abbott, yesterday. In February 2004, Mr. Abbott commented: “One of the great things about what might broadly be described as the complementary health sector, is that it is the only major part of our health industry which [focuses on] wellness as much as sickness. The traditional model treats disease … and somehow we’ve got to move from only seeing people in our health sector when there’s something wrong with them, to doing what we can to ensure that people don’t get sick in the first place.”
The report released by the Expert Committee on Complementary Medicines in the Health System in 2003 acknowledged the need for government funding for further research into complementary medicines claiming that, “there is a social responsibility for government to fund such research.” It highlighted the funding disparity between research for complementary medicines and drugs and called for this to be addressed.
Mannatech is at the forefront of the complementary medicine field.
About Mannatech, Incorporated
Mannatech, based in Coppell, Texas, is a wellness solutions provider that sells its products through a global network-marketing system throughout the United States and the international markets of Canada, Australia, the United Kingdom, Japan, New Zealand, Republic of Korea, Taiwan and Denmark. For additional information about Mannatech, please visit its corporate Web site: www.mannatech.com
Mannatech is #12 in Business Week’s “Hot Growth” Companies 2007:
A report released this week by Business Week appropriately named "The Hottest Of The Hot Growth 100" lists what they foresee as the Top 100 Growth Company's for 2007 - world wide, in their words "This fascinating group of small companies is tearing up the charts...the Hot Growth Class of 2007 are an incredibly diverse group...they're determined to be faster, and better, than the next guy."
The big spin on this story, is that Mannatech is not only listed in the Top 100, they are listed as #12!
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