Cardiff Named as a ‘Centre of Excellence’ in Developing Precision Medicine Across the UK.
Cardiff has been named named as a ‘Centre of Excellence’ in Precision Medicine Catapult’s regional network. The Precision Medicine Catapult, the UK’s innovation centre for precision medicine, announced that Belfast, Cardiff, Glasgow, Leeds, Manchester and Oxford will be the initial locations for its regional centres of excellence network.
By combining accurate diagnosis with rules-based therapies and effective service delivery, precision medicine is expected to transform medicine in the coming decades, improving outcomes for patients and the healthcare system. A value of £14bn has been put on the global market for tests, therapies and solutions, and this is expected to grow to £50-60nbn in 2020.
First Minister of Wales, Carwyn Jones, has welcomed Cardiff being named as a ‘Centre of Excellence’ in a network of hubs to develop precision medicine across the UK. The six centres named in the £50m Precision Medicine Catapult project are funded by Innovate UK, the UK Government’s innovation agency.
Led by a consortium headed by the Welsh Government, NHS Wales and Cardiff University, the Centre will work on local and national programmes, building expert teams across the region. Cardiff University’s expertise in researching and developing innovative technologies for the UK healthcare sector will support the Cardiff Centre.
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