UK Biobank’s funding closes on £50m

Quick Summary:

The database of in-depth genetic, health and lifestyle information comes from half a million UK volunteers.

This will be matched by a further £8m in government investment, and forms part of the public, private and philanthropic group set up to keep the world-leading facility at the forefront of medical research.

In October last year, a public-philanthropic consortium was set up to ensure UK Biobank’s long-term future, with initial funding donated by Eric Schmidt and Ken Griffin, and matched by government to a total of £32m.

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Article Details

Author / Journalist: Jonathan Symcox

Category: InvestingBusiness

Markets: United Kingdom

Topics: Investment MedTech

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-25 @ 14:32:13 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: businesscloud.co.uk

Language: English

Article Length: 555 words

Reading Time: 4 minutes read

Sentences: 15 lines

Sentence Length: 37 words per sentence (average)

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Copyright Owner: © BusinessCloud

News ID: 21776429

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