ABPI welcomes announcement of ten-year budgets for R&D funding

ABPI welcomes announcement of ten-year budgets for R&D funding

The Department for Science, Innovation and Technology (DSIT) today announced new ten-year budgets for R&D funding.

Welcoming the announcement, Dr Janet Valentine, Executive Director of Innovation and Research Policy at the ABPI said: “It's positive that the government has acknowledged the need for longer term funding for vital national science infrastructure, attracting and retaining talent in the UK and sustaining partnerships with industry and other sectors.

“It is an opportune time for the government to set out its stall for the UK’s commitment to backing scientific research, resources, skills and partnerships with industry.

“As an industry, we will continue work with the government to help the UK improve its international competitiveness as a place to do science and deploy innovative medicines and vaccines.”

Ends

Media enquiries

ABPI Press Office, T: +44 (0)20 7747 7147 (24hrs), E: pressoffice@abpi.org.uk

About the Association of the British Pharmaceutical Industry (ABPI)
The ABPI exists to make the UK the best place in the world to research, develop and access medicines and vaccines to improve patient care.

We represent companies of all sizes which invest in making and discovering medicines and vaccines to enhance and save the lives of millions of people around the world.

In England, Scotland, Wales and Northern Ireland, we work in partnership with governments and the NHS so that patients can get new treatments faster and the NHS can plan how much it spends on medicines. Every day, our members partner with healthcare professionals, academics and patient organisations to find new solutions to unmet health needs. www.abpi.org.uk