20 Feb 2020
Government backs researchers with £10 million to develop innovations that will transform patients’ lives and significantly boost UK life sciences sector.
A new £10 million scheme will give leading businesses and researchers, based in the UK, the chance to work together to help those facing life-threatening conditions. Such as developing treatments and cures for conditions like cancer and dementia.
Launched today (20th February) by Minister Nadhim Zahawi, the new Innovation Scholars Scheme, will support secondments for academics to develop new technologies and techniques to help NHS patients as soon as possible.
Minister Nadhim Zahawi said:
"The UK is home to one of the strongest, most vibrant health and life science industries globally, with discoveries and improvements in health diagnosis transforming people’s lives."
"Collaboration is vital to growing this sector and this new £10 million scheme will support the exchanging of ideas, knowledge and skills between researchers and businesses while encouraging strong collaboration with them, the NHS and the government."
Today, the government also announced 6 new locations that have been awarded the prestigious designation of Life Science Opportunity Zone (LSOZ). These zones will be able to attract investment from national and international businesses linking research expertise with business skills.
The new LSOZs are: