U.K. £650M financing package includes major boost for UK Biobank
Financing policies include streamlined trial approvals, investment vehicles for pensions
The UK Biobank, one of the sector’s most prized resources, is getting a much needed financial boost as part of the U.K. government’s £650 million ($808.2 million) Life Sci for Growth package of financing policies.
Under the new financing policy, the UK Biobank is set to receive £154 million in funding from UK Research and Innovation to upgrade its capabilities. These include a new facility at Manchester Science Park, a hub to help SMEs better collaborate with industry and academia, and an upgrade of the Biobank’s IT infrastructure to accommodate multidisciplinary data. ...