£800m boost for medical research
Some £800 million of funding will boost medical research and help create new treatments and care for patients, the Government has announced.
The pot of money - the largest ever single allocation of Government cash for early-stage medical research - will be spent over the next five years.
It comes from a £4 billion fund for medical research announced in the Comprehensive Spending Review.
The cash will be spent on supporting projects aimed at advancing the diagnosis, prevention and treatment of illnesses such as cancer, diabetes, dementia and heart disease.
The pot includes funding for four new biomedical research units specialising in dementia research.
The research will be carried out through NHS and university partnerships managed by the National Institute for Health Research (NIHR).
Prime Minister David Cameron, said: "This unprecedented investment into the development of innovative medicines and treatments will have a huge impact on the care and services patients receive and help develop the modern, world-class health service patients' deserve.
"A strong competitive science and research base is a crucial part of securing sustainable economic growth and creating jobs of the future, and we have some of the best scientists and facilities in the world.
"This investment will help ensure we continue to be at the cutting edge."
Health Secretary Andrew Lansley said: "We want to ensure we can give NHS patients the very best possible treatments and health outcomes. To do this we need to give British scientists the means and tools to develop groundbreaking world class health research."