07/03/2011

£775million Investment For New NHS Research

The largest ever funding, up to £775million over five years, is to be made available for translational research.

The research is dedicated to deliver benefits to NHS patients and has been announced by Health Secretary Andrew Lansley today to help secure the UK as a world leader in life sciences.

The move demonstrates the Government’s commitment to modernise the NHS to give patients the best care possible. It is also a key part of the Government’s growth strategy, supporting jobs and opportunities to help return the UK economy to strong, sustainable and balanced growth.

The funding is part of a total of £4billion that will invest in Research and Development up to March 2015. It will be made available over the next five years to NHS/university partnerships through the National Institute for Health Research. Applications are encouraged to focus on improving health outcomes for patients in high priority disease areas such as dementia, cancer and heart disease.

Prime Minister, David Cameron said: “This is a great day for science and in particular health research in this country. We have an enviable track record in making new discoveries and developing new treatments, and this important funding will help to maintain our position as a centre of scientific excellence.

“A strong science and research base is crucial to help secure sustainable economic growth, helping to rebalance the economy and create the jobs of the future, which is why despite tough spending decisions we have protected its funding. We have some of the best scientists and facilities in the world and today's announcement will help ensure we continue to be at the cutting edge of life sciences.”

Secretary of State for Health, Andrew Lansley said: “We want to give NHS patients the best possible treatment. To do that we need to give British researchers the tools they need to develop new world-class treatments and innovations for NHS patients.

“That’s why, as part of our £4 billion investment in R&D, we are making up to £775 million available for translational research. This investment is vital to achieving our goal of making the NHS a world-leading healthcare system.

“This funding is the largest ever to be made available for translational research infrastructure that is dedicated to deliver benefits to NHS patients.”

(BMcN/GK)

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