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Israeli firm spends £12.6m on UK trials and dementia research

Israel's pharmaceutical giant, Teva will invest £12 million in clinical trials to take place in the UK, and has pledged a further £600,000 for dementia R&D.

The company says it will invest in a three-year dementia research programme, which with be facilitated by the National Institute of Health Research. The funding will also allow Teva access to the NIHR’s Biomedical Research Centres as well as the funder’s Translational Research Collaboration in Dementia.

The funding was announced on 12 March as part of a series of investments to the UK following a prime ministerial trade delegation to Israel last week.

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