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Evening Standard

Business

Katrine Bussey

Projects that are ‘life-changing and lifesaving’ to receive Government cash

Kate Forbes Scotland Cancer

Deputy First Minister Kate Forbes announced funding to help develop 18 projects as part of the government’s new Proof of Concept fund (Jane Barlow/PA) -

A possible new cancer drug which researchers believe could be up to 500 times more effective than existing treatments is one of 18 projects being funded by a Scottish Government scheme that aims to encourage innovation.

The new Proof of Concept fund will award cash to “groundbreaking research” being carried out at Scotland’s universities in a bid to help development into commercial projects.

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