UK is soon losing its position to the USA in stem cell research. One of the reasons is the lack of fund for research. To fight such situation, the UK National Stem Cell Network (UKNSCN) is hosting a conference on Tuesday to discuss how to remove obstacles preventing more therapies going into trial.
Stem cell researchers, patient and charity groups, the pharmaceutical industry and regulatory bodies will all be represented at the workshop being held in Canary Wharf, London.
Speaking ahead of the conference, Professor Pete Coffey, of the London Project to Cure Blindness, said the UK was in danger of not utilising research already completed. He said:
“I think the next stage of investment has to happen now. There was a big investment in 2003-04, and the view was that investment in future would be longer term. Actually, it needs to be put in now.”
Another Department of Health spokesman said,
“The DH believes that stem cell research offers enormous potential to deliver new treatments for diseases. Investment has more than tripled from £13 million in 2003-4 to £42 million in 2007-8, under a strategy developed by the UK Stem Cell Initiative.”
Source: Press Association