UK to fund stem cell research hub and regenerative medicine projects
A trio of publicly-funded UK research councils are to invest £25 million in projects to develop regenerative medicines, according to a Monday announcement.
In a statement, the Medical Research Council (MRC) announced that it and the Biotechnology and Biological Sciences Research Council and the Engineering and Physical Sciences Research Council will fund the initiatives.
The councils will set up a £4.5 million "hub" for pluripotent stem cell research, while the MRC will provide a further £20 million capital funding for equipment to support the UK Regenerative Medicine Platform project.
The money will fund research into Parkinson's disease, cardiovascular disease, wound and musculoskeletal repair, eye disorders and deafness, according to the statement.
A key aim of the hub will be to produce stem cell therapies on an industrial scale, while the capital funding will support 12 regenerative medicine projects at UK research institutions.