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£100m fund to capitalise on AI’s potential in life sciences and healthcare

A new mission announced by the UK’s Prime Minister will accelerate the use of AI in life sciences to tackle the biggest health challenges of our generation.

In a speech on Thursday, the Prime Minister announced that £100 million in new government investment will be targeted towards areas where rapid deployment of AI has the greatest potential to create transformational breakthroughs in treatments for previously incurable diseases. The AI Life Sciences Accelerator Mission will capitalise on the UK’s unique strengths in secure health data and cutting-edge AI.

The Life Sciences Vision encompasses 8 critical healthcare missions that government, industry, the NHS, academia and medical research charities will work together on at speed to solve – from cancer treatment to tackling dementia.

The £100 million will help drive forward this work by exploring how AI could address these conditions, which have some of the highest mortality and morbidity.

Prime Minister Rishi Sunak said: “AI can help us solve some of the greatest social challenges of our time. AI could help find novel dementia treatments or develop vaccines for cancer.

“That’s why today we’re investing a further £100 million to accelerate the use of AI on the most transformational breakthroughs in treatments for previously incurable diseases.”

Secretary of State for Science, Innovation and Technology Michelle Donelan said: “This £100 million Mission will bring the UK’s unique strengths in secure health data and cutting-edge AI to bear on some of the most pressing health challenges facing the society.

“Safe, responsible AI will change the game for what it’s possible to do in healthcare, closing the gap between the discovery and application of innovative new therapies, diagnostic tools, and ways of working that will give clinicians more time with their patients.”

 

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