- Wellcome Trust
Non-profit_name = Wellcome Trust
founded_date = 1936
founder = Sir
location = London, United Kingdom
William Castell, Chairman of the Board of Governors
Mark Walport, Director of The Wellcome Trust
area_served = United Kingdom and overseas
focus = Biomedical Research
endowment = £15.1 billion
homepage = [http://www.wellcome.ac.uk/ Wellcome Trust website]
footnotes = The Wellcome Trust was established in 1936 as an independent charity funding research to improve human and animal health. With an endowment of around £15 billion, it is the
United Kingdom's largest non-governmental source of funds for biomedical research [ [http://www.wellcome.ac.uk/ Wellcome Trust website] ] . On 5 February 2008the Wellcome Trust committed to increasing its funding for research and large scale biomedical projects to almost £4 billion over the next five years [ [http://www.wellcome.ac.uk/News/Media-office/Press-releases/2008/WTX043044.htm Press release on increase in funding] ] . The overall mission of the trust is "to foster and promote research with the aim of improving human and animal health", and in addition to funding biomedical research it supports the public understanding of science.
The trust was established to administer the fortune of the American-born pharmaceutical magnate Sir
Henry Wellcome[ [http://library.wellcome.ac.uk/node615.html History of Henry Wellcome] ] . Its income was derived from what was originally called Burroughs Wellcome, later renamed in the UK as the Wellcome Foundation Ltd [Hall, A.R. & Bembridge, B.A. "Physic and philanthropy: a history of the Wellcome Trust 1936–1986". Cambridge (UK): Cambridge University Press, 1986. ISBN 0-521-32639-7] . In 1986, the trust sold 25% of Wellcome plc stock to the public, beginning a process of separating itself from the pharmaceutical industry [ [http://briandeer.com/hard-sell.htm briandeer.com] Sunday Times investigation, February 1994] ] . In 1995, the trust divested itself of any interest in pharmaceuticals by selling all remaining stock to Glaxo plc, the company's historic British rival, creating GlaxoWellcome plc. The windfall generated by this merger has shaped the trust's subsequent philanthropic activities. In 2000, the Wellcome name disappeared from the drug business when GlaxoWellcome merged with SmithKline Beecham, to form GlaxoSmithKlineplc.
The Wellcome Trust invests over £600 million per annum in biomedical research. Much of this goes to support research that adds to our understanding of health and disease but may have no immediate application - medical benefits may emerge years later. However, a significant proportion of funding is also invested in technology transfer so that innovations are translated into new health products [ [http://www.wellcome.ac.uk/Funding/Technology-transfer/Awards/Translation-Awards/index.htm Wellcome Trust Translation Awards] ] .
Funds from the Wellcome Trust have supported several important recent projects:
* Sequencing of the
human genomeat the Wellcome Trust Sanger Institute
* Development of the anti-malarial drug
* Establishing the
* Funding of the Wellcome Trust Case Control Consortium – a large-scale
genome-wide association studyto identify genes associated with diseases [ [http://www.wtccc.org.uk/ Wellcome Trust Case Control Consortium] ]
* Building of the Wellcome Wing at the Science Museum
Diamond Light Sourcehousing the Diamond Synchrotron(30% stake, with the other 70% owned by the STFC)
*Establishing the national network of
Science Learning Centres
* Pioneering cognitive behavioural therapies for psychological disorders
In addition, the Wellcome Trust has an international research programme carrying out vital research on malaria and other diseases that cause high levels of mortality in Kenya, Malawi, Thailand, Vietnam and South Africa [ [http://www.wellcome.ac.uk/Achievements-and-Impact/Initiatives/International-biomedical-science/Major-Overseas-Programmes/index.htm Major overseas programmes] ] .
The Wellcome Trust has also played an important role in encouraging publication of research in
open accessrepositories [ [http://www.wellcome.ac.uk/node3302.html Wellcome Trust position statement in support of open and unrestricted access to published research] ] . The Wellcome Trust believes that maximising the distribution of these papers - by providing free, online access - is the most effective way of ensuring that the research can be accessed, read and built upon. In turn, this will foster a richer research culture.
Public engagement and the Wellcome Collection
In June 2007 the Wellcome Building reopened after refurbishment as a public venue, housing the
Wellcome Collection, the [http://www.ucl.ac.uk/histmed/index.html Wellcome Trust Centre for the History of Medicine at UCL] and the Wellcome Library[ [http://library.wellcome.ac.uk/ The Wellcome Library] ] . The aim of the Wellcome Collection is to enhance public understanding of medical science and history. The building contains gallery spaces, conference facilities, space for debates, drama and workshops, a café and a bookshop. The galleries show a small sample of works from Sir Henry Wellcome's collection, and host a programme of events and exhibitions. The Wellcome Library houses one of the world's foremost collections of books, manuscripts, archives, films and pictures on the history of medicine from the earliest times to the present day.
The Wellcome Collection and exhibitions are open to the public free of charge six days a week.
The Wellcome Trust has two buildings on
Euston Roadin London. The Wellcome Building, at 183 Euston Road, built in 1932 in Portland stonehouses the Wellcome Collectionand the adjoining glass and steel building at 215 Euston Road is the Gibbs Building, by Hopkins Architects, which opened in 2004 as the administrative headquarters of the Wellcome Trust.
Bill & Melinda Gates Foundation
Howard Hughes Medical Institute
Big Picture (magazine)- educational resource published by the Wellcome Trust
* [http://www.wellcomecollection.org/ Wellcome Collection]
* [http://images.wellcome.ac.uk/ Wellcome Images]
* [http://genome.wellcome.ac.uk/ Human Genome resources - hosted by the Wellcome Trust]
* [http://malaria.wellcome.ac.uk/ Malaria resources - hosted by the Wellcome Trust]
* [http://www.sanger.ac.uk/ Wellcome Trust Sanger Institute]
* [http://www.wellcome.ac.uk/Professional-resources/Courses-and-conferences/Scientific-conferences/index.htm Scientific Conferences supported by the Wellcome Trust]
* [http://www.rcseng.ac.uk/museums/wellcome.html The Wellcome Museum of Anatomy and Pathology]
* [http://www.sciencelearningcentres.org.uk/ Science Learning Centres website]
* [http://www.exmemoriafilm.co.uk/ Ex Memoria - Wellcome Trust Awarded Film]
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