£1.3 billion industry-government investment in UK economy and new partnership driving early disease detection
Life-saving early disease detection technology to be developed by
new partnership between government and industry using artificial
intelligence (AI) to develop the next generation of treatments,
including a first-of-its-kind national health programme The
second Life Sciences Sector Deal, with industry investment from 10
companies, will support healthcare innovation and back businesses
to create high-paid, high-quality jobs as part of the...Request free trial
The programme, backed by up to £79m of government funding, will study five million healthy people to develop new diagnostic tests using AI and is part of the Government's Life Science's Sector Deal 2, announced today by Businesses Secretary Greg Clark and Health Secretary Matt Hancock.
The deal, which brings together 10 companies and is backed by wide range of organisations from across the sector, includes more than £1.3 billion of investment between the public and private sectors. It ensures the UK remains in pole position in the treatments of today, while creating the industries and treatments of the future such as genomics and AI-powered diagnosis.
Business Secretary Greg Clark said:
“From the first vaccine to the discovery of DNA, the UK has always been at the forefront of medical endeavour and healthcareinnovations. That is why we are building on our unique strengths by placing life sciences at the centre of our modern Industrial Strategy, backed by the biggest increase in public research and development investment in UK history.
“This is our modern Industrial Strategy in action as we work hand in hand with industry to ensure the UK remains the go-to destination for launching new businesses, new discoveries and treatments to benefit health around the world.
“The announcement of UCB’s investment in new research and development is a clear vote of confidence in UK life sciences research base and business.”
The programme – Accelerating Detection of Disease – will be led by Professor Sir John Bell and brings together the NHS, industry and leading charities including Cancer Research UK, the British Heart Foundation and Alzheimer’s Research UK. It will be the largest ever study of its kind collecting such a range of data from healthy volunteers over years. This will help deliver the Early Diagnosis Mission — a key part of the Industrial Strategy’s AI and Data Grand Challenge. Businesses will be able to access this funding through UKRI managed competitions.
Researchers will study how the group’s health changes, identifying common characteristics to understand how and why diseases develop. The ambition is to empower everyone to understand their risk of developing diseases and take steps to remain healthy for longer. The project will attract investment from global life science companies seeking to develop new diagnostic tools and treatments.
It is estimated that if late stage diagnosis were halved across bowel, ovary, prostate and lung cancer, over 55,500 more people would be diagnosed at an early stage, potentially resulting in 22,500 fewer deaths per year within five years of diagnosis.
In a meeting with industry leaders at No10, the Business Secretary announced that as part of the Sector Deal a new £150 to 200 million research and development facility of global biopharmaceutical company UCB will be built in the UK as part of a total investment of around £1 billion over the next 5 years. The transition to this state-of-the-art facility will support around 650 jobs and further boost the UK’s reputation for developing world-leading medical treatments and technologies.
Jean-Christophe Tellier, Chief Executive Officer at UCB, said:
“At UCB, we are proud of our heritage in the UK and I am very pleased to announce our planned investment to support the construction of a major R&D hub in the UK, which will enable us to build upon our numerous active collaborations with UK universities, biotechs and medical research charities, and continue our successful track record of bringing innovative medicines discovered in the UK to patients globally.
“Access to world class talent remains vital to R&D and we therefore look forward to working closely with Government to support the full implementation of Sir John Bell’s Life Sciences Industrial Strategy, and importantly, to ensure that patients in the UK have quicker access to the innovative medicines researched and developed here.”
Professor Sir John Bell said:
“This Sector Deal is another major step forward for the Life Sciences Industrial Strategy in the UK. It has been hugely enabled by Government and will initiate new projects that will be a magnet for further investment.
“Together, industry, charities, Government and the NHS can tackle some of the major challenges to healthcare systems, including ageing and early diagnostics and, in doing so, can grow the economy and demonstrate what a modern Industrial Strategy looks like in action.”
Other new announcements as part of the Life Sciences Sector Deal include:
Today’s announcement builds on the first Life Sciences Sector Deal, published in December 2017. The Deal committed nearly £500 million of Government investment into UK life sciences, backed by more than £1 billion of private sector investment, to build on the sector’s strengths, help to secure thousands of jobs and ensure that new medicines and technologies are created in the UK. In the last year its achievements have included:
The new Life Sciences Sector Deal further strengthens the UK’s world-leading capabilities in the likes of genomic science, Big Data assets and gene and cell therapies, ensuring we are at the forefront of new industries in areas such as genomics and AI-driven diagnostics.
The UK remains the number one destination for life sciences inward investment in Europe, ranks number 2 globally behind the US, and has also grown a thriving domestic industry with more than 5,600 companies supporting 240,000 jobs and generating a turnover of around £70 billion per year. All of the top 25 global pharmaceutical companies, and the top 30 global medical technology companies, operate in the UK. The UK also accounts for 12% of total life sciences academic citations and 18% of the most-cited publications – the 2nd highest share above China, Germany and Canada.
The Modern Industrial Strategy The modern Industrial Strategy, published last year, set out how the whole of the UK can build on its strengths, extend them into the future, and capitalise on new opportunities. Investing in science and research to keep us at the forefront of new technologies and the benefits they bring. Nurturing the talent of tomorrow - through more outstanding schools, world-leading universities and the technical skills that will drive our economy. And transforming the places where people live and work – the places where ideas and inspiration are born – by backing businesses and building infrastructure across every part of our country.
It has been taken forward at pace over the last year:
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