The opportunity is time-sensitive and Wales needs to capitalise on areas where it already has a competitive advantage and is beginning to lead the way. We are uniquely positioned to deliver on the government’s ambition to accelerate innovation and regional and national growth in Life Sciences.
Now is the time to back a connected, partnership that turns strategic alignment into outcomes for patients, the economy, and society
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Positioning
The positioning of the partnership will enable the organisations to leverage the UK Government’s £86 billion investment in science and technology, and the Regional Innovation Fund (£500M per region).
Opportunities
There are opportunities aligned with UK Government 2025 Industrial Strategy’s eight primary focus areas, particularly the synergy between Life Sciences, Advanced Manufacturing, Clean Energy and Digital and Technologies, and the increased role that Universities will play, as anchor institutions, in driving and delivering regional growth.
Investing
By investing in Cardiff Health Partners, the region will see significant benefits. We are expecting to spend approximately £500m on infrastructure, and a further approx. £350m on human capital, and research & development needs over the next ten years.
