The 60 million euros (£48 million) funding in biomedical research provided by Biomedical Catalyst
project will give grants to more than 70 research projects,
focused in investigating diseases such as Alzheimer or Parkinson.
Mr Willetts,UK´s Minister for Universities and Science, announced the funding
during a speech at the Universities Week at Bournemouth University.
Sir John Savill, chief executive of the Medical Research Council, said: “Since its inception, the Biomedical Catalyst has awarded over £170m to UK scientists and businesses. This has been matched by an additional £97m of private investment.The academic-industry partnerships forged through this investment will help to improve lives by delivering the next generation of innovative therapies and will help drive the UK economy.”