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News archive - September/October 2011

£800m fund for healthcare research and development

£800m fund for healthcare research and development

A NEW £800M fund is set to boost the research and development of ground breaking medicines, treatments and care for patients.

The Government is investing the money over five years to develop NHS and university partnerships through the National Institute for Health Research (NIHR). The partnerships will collaborate with industry and charities to help develop the country’s science and research base.

Thought to be the UK’s largest ever investment in ‘early stage’ health research, the fund will target advances in diagnosis, prevention and treatment, benefitting patients with diseases such as cancer, diabetes and heart disease. The 31 awards include funding for four new Biomedical Research Units that specialise in dementia research.

Sir John Bell, president of the Academy of Medical Sciences said: “This is creating real opportunities for improving the health of patients, as well as positioning the UK as a preferred site for clinical development by the pharmaceutical and biotech industries.”

The NIHR provides the framework through which the research staff and research infrastructure of the NHS in England is positioned, maintained and managed.

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