Don’t apply the wait and hope method: how to create strategic momentum for faster funding 

The Australian market presents unique challenges for the medical and pharmaceutical industry. Even after securing regulatory approval, the pathway to funding is often long and uncertain. Australia has one of the slowest reimbursement timelines globally. This isn’t because therapies lack value, but because delay is frequently used as a tactic for negotiation.

This environment makes one thing clear: waiting and hoping rarely delivers results.

Why inaction doesn’t work

Bureaucracies are constantly dealing with competing priorities. Without consistent attention from parliamentarians, ministers, and patient groups, your therapy may not be treated as urgent. In practice, this means other issues with more visible advocates move ahead, while your therapy gets left behind. And in this industry, there are no silver medals.

The role of strategic momentum

Creating strategic momentum requires more than submitting data. It means building a chain of support. Your therapy will get faster funding if you have:

  • Members of Parliament speaking about your therapy and its impact.
  • Ministers questioning departments about why progress is slow.
  • Patient groups highlighting the real-world consequences of inaction.

When these elements come together, decision-makers face pressure from various sources, which encourages quicker action. Timelines that once stretched into months begin to shorten, and your pathway to getting funded moves forward.

Why this matters for MedTech and Pharma

Every month of delay negatively impacts patients and represents missed opportunities. While no agency can guarantee funding by a specific date, proactive advocacy ensures meaningful progress is made. Waiting passively often means staying stuck in a system designed to move cautiously or in some cases, not at all.

Staying competitive

In a funding environment where not every therapy can be supported, being proximate and urgent matters. Companies that demonstrate patient impact and political alignment move forward faster.

The takeaway: Waiting and hoping won’t get your therapy funded faster. Strategic momentum involves active, thoughtful government engagement, impactful patient stories, and advocacy from the right voices.

If you’d like help getting your therapy funded faster, we have developed a Policy Pathway Workshop. Click here to learn more.