New diabetes research centre 'vote of confidence in UK science'
Novo Nordisk has announced that it is to invest £115 million in a new diabetes research centre at Oxford University in a boost for the UK's R&D standing.
The UK – 'a world-leader in research'
David Gauke, Chief Secretary to the Treasury, described the investment decision as “a vote of confidence in the UK's position as a world-leader in science and research”.The new facility will be headed by Prof James D Johnson, a world-renowned researcher in the fundamental biology of pancreatic islets, insulin action, diabetes and related conditions.Mr Thomsen said, “This collaboration brings together some of the world's sharpest minds in the field of diabetes to seek new targets for therapeutic innovation. It combines Novo Nordisk's 90 years' experience in developing treatments for diabetes with the expertise of world-leading scientists from the University of Oxford.“Our vision is that the unique combination of industrial and academic know-how will eventually lead to a new generation of treatments to improve the lives of people with Type 2 diabetes.”The importance of collaboration
Sir John Bell, Regius Professor of Medicine, University of Oxford, added, “This collaboration underlines the importance of shared research and cutting-edge science across boundaries.“Employees at Novo Nordisk Research Centre Oxford and researchers at the University of Oxford will have the opportunity for daily interaction to share knowledge and insights that will potentially produce new medicines for people living with Type 2 diabetes and its complications.”Related news:
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One potential hurdle to the fruits of the labours at the new research centre is that the European Medicines Agency, currently based in London and responsible for the scientific evaluation, supervision and safety monitoring in the EU of medicines, is likely to relocate – along with 900 jobs – when Britain leaves the EU.Mr Thomsen said, “We are very happy with the way the European Medicines Agency has worked and everybody is disappointed that it is likely it will have to leave the UK. We hope as many of the current 900 staff as possible will follow it to its new home in the EU as it is in everyone's interest that there is as little disruption as possible for the journey of new medicines to patients.”
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