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Friday, 7 February 2020

The Institute of Cancer Research in Sutton has secured funding of over £8m.




Sutton Council and The Institute of Cancer Research, London, have together secured £8.4 million in funding to prepare land for development and put in place the infrastructure required for the first wave of commercial life-science buildings at the London Cancer Hub.

The funding comes from the Strategic Investment Pot, which is administered by the City of London on behalf of all London Boroughs to support projects that will help promote future economic growth.

The London Cancer Hub will be a global centre for cancer innovation, a vibrant community of scientists, doctors and innovative companies, which will deliver major benefits for cancer patients and the UK economy.

The project will create around 13,000 jobs, around 7,000 in life sciences and supporting activities, and 6,200 in the site’s construction.

It will further build the ecosystem of research, treatment, training and enterprise in Sutton.

It will also increase the number of new drugs The Institute of Cancer Research (ICR) can discover, and raise the chances of each new drug being successfully developed for patients.
posted by Radio Jackie News Team @ 1:00 am  

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