The Government has announced €230m in funding for six Science Foundation Ireland centres, including the University of Limerick led SSPC.
Minister for Business, Enterprise and Innovation, Heather Humphreys TD, and Minister of State for Training, Skills, Innovation, Research and Development, John Halligan TD, this Thursday announced an investment of €230 million in the six SFI Research Centres as part of Project Ireland 2040.
Industry partners are to contribute a further €230 million, bringing the total investment to €460m. The funding will directly support around 850 researchers in the various centres.
The announcement will fund 68 investigators and support over 100 PhD students at SSPC, the SFI Research Centre for Pharmaceuticals, led by UL and located at the Bernal Institute.
SSPC comprises a critical mass of accomplished researchers and an infrastructure that are second-to-none from a global perspective.
The Centre will create impact for Ireland in the pharmaceutical sector by creating economic growth through spin-out companies and patent licences with innovative pharmaceutical companies, enabling next generation medicines to reach the market more quickly and providing highly qualified scientists and engineers to support and grow the Irish pharmaceutical sector.
Under the directorship of Professor Michael Zaworotko and Professor Gavin Walker and building on its reputation as an exemplar of academia-industry collaboration, SSPC’s new iteration from 2019 to 2025 will see the centre grow further and expand its research programme.