Cancer Research UK has announced a strategic partnership with SV Health Investors (SV), a leading life sciences venture capital and growth equity firm, focused on accelerating the translation of Cancer Research UK’s research and the development of new cancer medicines for patients. In conjunction with the collaboration, Cancer Research UK is investing at least $25 million alongside SV.

Accelerating Cancer Research UK’s innovation through this collaboration will complement the charity’s existing paths to commercialisation, which include research alliances with other scientific institutions, building spin-outs and licensing agreements with pharmaceutical companies. Cancer Research UK will collaborate closely with SV to identify promising, novel research from within the charity’s network that could be rapidly developed and scaled by securing external investment.

Michelle Mitchell, Cancer Research UK’s chief executive, said: “The strength of our science portfolio is unrivalled but only through working in collaboration can we achieve the greatest impact. This collaboration is a huge opportunity to accelerate our research and support the successful development of the much-needed treatments for people with cancer.”

For further information read CRUK’s press release.

Back to e-newsletter