A new A$20 million plan by the State Government of Victoria will ensure the state continues to be a world leader in ground breaking health and medical research that is changing lives.

Outlining the Government's key priorities over the next four years, Healthier Lives, Stronger Economy: Victoria's Health and Medical Research Strategy 2016-2020acts to support new and evolving fields of world-class medical research such as genomics, precision medicine, health services research and big data.

This is the first time in 10 years that a health and medical research strategy has been developed for Victoria.

As some of the best clinicians, scientists and researchers in the world call Victoria home, the new plan will aim to provide them with support to continue and build on their inspiring work.

The strategy will deliver better health outcomes for Victorians by quickly translating breakthroughs in health and medical research into clinical practice. It will also create jobs and drive economic growth across the state by investing in areas where Victoria can lead the world.

It details six priority areas which focus on how Victoria will develop the workforce of the future, integrate research, education and health, develop advanced convergence science, stimulate more industry engagement, attract more clinical trials and optimise big data and informatics.

The strategy will invest in the coordination of clinical trials, A$3 million through the Medical Research Acceleration Fund and A$600,000 for Postdoctoral Research Fellowships in its first year.

Australia's first stand-alone cardiac hospital will be built through a A$150 million investment from the State Government. A$60 million will also be delivered to rebuild Orygen Youth Mental Health's clinical and research facility in Melbourne.

A$52 million will be invested to plan and develop a National Centre for Proton Beam Therapy, A$25 million to develop a state-wide genomic sequencing program and a $60 million commitment to the new Aikenhead Centre for Medical Discovery at St Vincent's Hospital.

To find out more, download the strategy here.