• Saturday, April 20, 2024

Business

Indian cabinet approves India-UK cancer initiative

Cancer Research UK’s (CRUK) share for such funding will be £5m. India’s department of biotechnology (DBT) will match such funding by £5m (Photo: Dan Kitwood/Getty Images).

By: Radhakrishna N S

AN AGREEMENT between India and the UK on cancer research was approved by the Indian cabinet yesterday (7). 

The India-UK Cancer Research Initiative is a collaborative five-year bilateral research initiative by the DBT, India’s ministry of science and technology, and India and Cancer Research UK (CRUK) that will focus on affordable approaches to cancer.  

Signed on November 14 last year, the initiative will provide funding to develop research alliances.

Over five years, the total research funding for the initiative will be £10 million. 

Cancer Research UK’s (CRUK) share for such funding will be £5m. India’s department of biotechnology (DBT) will match such funding by £5m. 

Both CRUK and DBT will invest £5 m each in the five-year pilot, and seek further investment from other potential funding partners. 

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