MRC’s first decade of translation funding led to £1.1 billion private investment and new therapies
A new report has found that Medical Research Council (MRC) funding schemes for translational research have boosted the UK’s life sciences industry since they were introduced in 2008. Over £530 million of new translational research funding since 2008 has led to MRC-linked spin-outs securing £1.1 billion in private sector investment and delivering health benefits, such as new