Navigation Links
UK's largest charity announces increase in funding to almost £4 billion over 5 years
Date:2/5/2008

The Wellcome Trust, the UK's largest independent funder of medical research, today announces plans to increase its spending to almost 4 billion over the next 5 years in what is believed to be the largest ever charitable spend within the UK.

The Wellcome Trust was established in 1936 through an endowment in the will of Sir Henry Wellcome. It funds innovative biomedical research in the UK and internationally, to support the brightest scientists with the best ideas and to foster public debate about biomedical research and its impact on health and wellbeing.

In 2006/7, the Trust spent 520 million, with highlights including the launch of Wellcome Collection, a new cultural venue in central London, and the publication of results from the Wellcome Trust Case Control Consortium, the largest ever study of the genetic influence on common diseases.

Today, the Wellcome Trust announces that it plans to increase its funding from 2.5 billion over the last five years to almost 4 billion over the next five. These increased funds will allow the Wellcome Trust to respond flexibly to medical needs and scientific opportunities. A one-off additional spend of 500 million will allow investment in large scale biomedical science projects around the globe, including:

  • the next generation of large-scale genetic studies, requiring state-of-the-art facilities;
  • major initiatives in neuroscience and mental health;
  • the UK Centre for Medical Research and Innovation, a new medical research centre for London;
  • the Health Innovation Challenge Fund, a new partnership with the Department of Health, and other programmes to translate scientific discoveries into new treatments;
  • strengthening research capacity in Africa.

"There are huge opportunities to advance medical research to improve health and wellbeing," says Dr Mark Walport, Director of the Wellcome Trust. "New technologies and approaches are revealing the causes of many major human diseases, providing new opportunities for prevention and treatment. This proposed extra spend will enable us to fund important research aimed at tackling some of the world's major diseases."


'/>"/>
Contact: Craig Brierley
c.brierley@wellcome.ac.uk
44-207-611-7329
Wellcome Trust
Source:Eurekalert

Related medicine news :

1. National Association of Subrogation Professionals (NASP), the Largest Insurance Subrogation Association in the World - Announced Today that Leslie Wiernik has Joined the Organization as Director of Education
2. Work time is the largest influence to the duration of a persons sleep
3. One of the Largest Post-WHI Physician Surveys Shows More Education is Needed: Patient Misinformation About Hormone Therapy Remains High
4. Texas Largest Physician Carrier Announces 5th Successive Rate Cut on Anniversary of Lawsuit Reform
5. A Place for Mom, Nations Largest Senior Care Referral Service, Fills a Gap in Employee Benefits
6. AHRQ and FDA to Collaborate in Largest Study Ever of Possible Heart Risks with ADHD Medications
7. Worlds Largest Exhibit of Princess Dianas Dresses Hosted by Appleton Museum
8. Largest Privately-Owned Veterinary Practice in the World, Banfield, the Pet Hospital(R), Appoints New Chief Executive Officer
9. Plenary lectures announced for worlds largest osteoporosis congress
10. The Integrated Benefits Institute Offers Largest Benchmarking Database in U.S. Spanning Disability and Workers Compensation Programs
11. Nations Largest Dialysis Patient Organization Recognizes the Achievements of Patients and Leaders in Kidney Care
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/7/2016)... ... December 07, 2016 , ... Gensuite ... Brilliance Awards under the Best New Product Launch category. Gensuite’s entry on their ... experience. , BOC Global Events & Training Group is a professional event and ...
(Date:12/7/2016)... ... December 07, 2016 , ... “The Road To Restoration”: an ... not a one hour a week showing of hands. “The Road To Restoration” is ... “Perhaps you are familiar with the brass ring that you could reach out for, ...
(Date:12/7/2016)... , ... December 07, 2016 , ... “Fred Rides a ... Christmas Day that follows. , “Fred Rides a Train” is the creation of ... short stories since her teen years in Michigan. The "Fred, the Dog" series is ...
(Date:12/7/2016)... ... 2016 , ... Dr. Greg Leyer, the Chief Scientific Officer ... DC workshop on November 2nd. The conference was an opportunity for both probiotic ... regulations. , Dr. Leyer spoke about two main topics at the IPA ...
(Date:12/6/2016)... ... 06, 2016 , ... People with Parkinson’s disease and cognitive ... type of MRI, according to a study appearing online in the journal Radiology. ... characterized by tremors or trembling and stiffness in the limbs, impaired balance and ...
Breaking Medicine News(10 mins):
(Date:12/6/2016)... , Dec. 6, 2016 Diabetes & ... The diabetes and obesity disease cluster is currently dominated ... and type 2 diabetes mellitus (T2DM), and the majority ... quality of products, is attributable to these indications. While ... large market presence, there are a large number of ...
(Date:12/6/2016)... 6, 2016 Human Vaccines Market: Scope ... wise and country wise analysis of the human ... of human vaccines products, raw material suppliers, vaccine ... the market. The report provides qualitative and ... Qualitative analysis comprises market dynamics, trends, product overview, ...
(Date:12/6/2016)... -- BTL Aesthetics today announced the release of a ... device was effectively redesigned for more efficient, predictable ... The result: Significantly better outcomes in abdominal fat ... versus BTL Vanquish. "We are committed ... with the most highly-advanced devices on the market," ...
Breaking Medicine Technology: