$125m injection for medical research

Researchers and scientists trying to tackle problems in health and medicine such as cancer, tropical diseases and concussions in sport have been given a $125 million funding injection.

Research into dementia, mental health and indigenous health will also benefit from the five-year federal funding package.

vertical-align: baseline; word-wrap: break-word;">Greg Hunt awarded the funding to 110 projects and 232 researchers in Melbourne on Saturday in his first act as health minister.

"No country is doing better in the fight against cancer than Australia - our survival rates are at world's best," Mr Hunt told reporters.

"But we do know that more than 130,000 people are likely to be diagnosed by with some form of cancer this year."