New medical research fund

Press, 22 February 1978, Page 10

New medical research fund

An $BO,OOO medical research exchange fellowship has been established by the Wellcome Trust in Britain and the New Zealand Medical Research Council. The aim of the scheme is to promote contact between scientists in New Zealand and in Britain and revive the strong associations of the past. The awards will be made available mainly for short visits, up to three months, by active research workers. The exchange fellowships will complement other fellowships offered by the Medical Research Council. They will allow a scientist, who may not otherwise be eligible for travel assistance, to visit overseas colleagues to resolve difficulties in his own research, or to get up

■ to date in a fast-moving re- , search field. The Wellcome Trust is a ' charity registered in Britain, 1 created by the will of Sir ■ Henry Wellcome, who died in 1936. i Under the terms of the i will, the entire share capital . of the Wellcome Foundation, : Ltd, a pharmaceutical and manufacturing trading business and its associated comi panies in Britain and over- ; seas, is vested in trustees. They are in turn required to use the distributed profits to. ; advance research in human • and animal medicine. ■ The annual income of the . Wellcome Trust is SI4M and , it is the policy of the i trustees to encourage medi- . cal research by providing ; support not available from ; university or government > I funds.