New centre receives funding boost

The Innovation and Knowledge Centre in Regenerative Therapies and Devices (IKCRTD) has secured £3.3 million of funding.

This will help the centre realise its mission to bring business together with world class experts from the University and Leeds Teaching Hospitals NHS Trust to accelerate the commercial development of new medical technology products and services.

The centre will use the second stage funding to work with a range of technologies, from implantable devices through to regenerative therapies, facilitating collaboration between companies, engineers, scientists and clinicians to develop innovative technologies that help the body repair and restore function.

The award will allow the centre to speed up routes to market by increasing access to resources and supporting innovation for new product development.

John Fisher, IKCRTD Academic Director said: "This next phase of funding for IKCRTD, will support a further important step in establishing Leeds both nationally and internationally as one of the leading research technology and innovation centres in medical technologies, regenerative therapies and devices.  It will support innovation for a community of over 200 academics and researchers in the University and Leeds Teaching Hospitals NHS Trust."

The IKC is funded jointly by the Engineering and Physical Sciences Research Council (EPSRC), Technology Strategy Board (TSB) and Biotechnology and Biological Sciences Research Council (BBSRC), industry and the University of Leeds. The centre has plans which have identified research and innovation funding in this area of over £110 million during the initial five year period of its activities.

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