Government Commits To New Bioscience Funding
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The UK government has committed to a £319 million investment in the country’s biosciences industry, announcing that £29 million will go to the Roslin Institute, part of the University of Edinburgh.
This funding is to be used to further the government’s work with the Biological Sciences Research Council (BSRC), with a particular focus on the control of infectious diseases and finding ways to meet modern healthcare challenges.
Overall, the £319 million will be distributed over the next five years, with the aim to solidify the UK’s position as a global leader in the life sciences sector and to create more opportunities for highly skilled roles.
Greg Clark, business and energy secretary, commented: “Science, research and innovation are at the heart of the Industrial Strategy which is why we’re providing more than £4.7 billion of additional funding over the next five years.”
This includes the £319 million earmarked for the biosciences sector, he added. Mr Clark also praised the Roslin Institute, describing it as a “great example” of Scotland’s international strength in the biosciences arena.
The University of Edinburgh isn’t the only higher education institution benefiting from the renewed focus on life sciences at the moment.
In March, the University of Leicester announced that it is hoping to establish an innovation centre in the UK’s first Life Sciences Opportunity Zone, which has been established in Charnwood near Loughborough.
According to the university, the purpose of the new centre would be to improve collaboration between academics and businesses, building on the region’s strengths in clinical trials and precision medicine.
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