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:10/13/2017)... ... 13, 2017 , ... The International Association of Eating Disorders ... for the field of eating disorders, announces the opening of early registration for ... Florida at the Omni Resort at ChampionsGate. , The annual iaedp™ ...
(Date:10/13/2017)... ... 2017 , ... Lori R. Somekh, founder of the Law Office of ... elder law and special needs planning attorneys. “Membership in ElderCounsel helps our office remain ... to network with elder law attorneys nationwide,” said Somekh. , ElderCounsel ...
(Date:10/13/2017)... N.J. (PRWEB) , ... October 13, 2017 , ... The ... Holly Day Market. Featuring a collection of specialty vendors and unique items from across ... personalized and quality-focused health and wellness services offered by the VNA. The boutique ...
(Date:10/13/2017)... ... October 13, 2017 , ... Yisrayl Hawkins, Pastor and Overseer at The House ... most popular and least understood books in the Holy Scriptures, Revelation. The Book of ... baffled scholars for centuries. Many have tossed it off as mere rubbish, but Yisrayl ...
(Date:10/13/2017)... ... October 13, 2017 , ... “The Journey: From the Mountains to ... to save lost souls in the Philippines. “The Journey: From the Mountains to the ... teacher of the Bible. She has taught all ages and currently teaches a class ...
Breaking Medicine News(10 mins):
(Date:9/25/2017)... PROVIDENCE, R.I. , Sept. 25, 2017 /PRNewswire/ ... immunogenicity assessment, vaccine design, and immune-engineering today announced ... focused on the development of personalized therapeutic cancer ... and has provided exclusive access to enabling technologies ... MSc Eng., MBA will lead EpiVax Oncology as ...
(Date:9/19/2017)... , Sept. 19, 2017   ZirMed Inc ., ... analytics, today announced that it has been ranked #1 by ... Black Book™ Rankings 2017 User Survey. ZirMed was recognized ... for large hospitals and medical centers over 200 beds and ... Book,s healthcare technology user survey history. ...
(Date:9/12/2017)... reviews on the independent review site Consumer Affairs have ... hearing aids, ranking it higher than Miracle Ear ™, Beltone™, ... ... Aids ... that provides high performance, state-of-the-art, German-engineered hearing aids directly to consumers ...
Breaking Medicine Technology: