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BBSRC publishes 2006-07 Annual Report and Accounts

18 July 2007

The Biotechnology and Biological Sciences Research Council (BBSRC), the UK’s main public funder of research across the life sciences, today published its Annual Report and Accounts.

The 2006-07 Annual Report and Accounts describes BBSRC’s progress against its strategic objectives; for example in research funding, research training, knowledge transfer and public engagement. It also details BBSRC’s role in enhancing the social and economic impact of the research we fund.

Highlighted topics include:

  • Greater industrial collaboration and economic impact. A five-year LINK project launched in 2002 with funding from SEERAD, GlaxoSmithKline, the Horticultural Development Council and the BBSRC has made good progress in vitamin C research, which will enable commercial breeders to produce blackcurrants with higher vitamin levels
  • BBSRC’s role in helping to maintain the UK’s world-leading bioscience research base. In 2006 we launched a £6M Bioinformatics and Biological Resources Fund as part of our strategy to support new tools and resources
  • Working with UK industry to identify and support high quality research in strategically important areas. During 2006-07 we announced the first nine awards through the Bioprocessing Research Industry Club (BRIC) which focuses on improving the development and manufacture of biopharmaceuticals
  • Increased multidisciplinary research and cross Research Council collaboration, including a  collaboration  of up to £30M with EPSRC to increase capability in systems biology, bringing together mathematicians and bioscientists. This will complement BBSRC’s Systems Biology Centres established in 2005-06
  • Capturing scientific opportunities to build capacity quickly in emerging strategic areas. For example, following a review in 2005-06 BBSRC has announced funding of up to £20M to develop future options for bioenergy
  • Capturing scientific opportunities to build capacity quickly in emerging strategic areas. For example, following a review in 2005-06 BBSRC has announced funding of up to £20M to develop future options for bioenergy
  • Increasing international relations. We have made the first eight India Partnering Awards, which build on the success of similar schemes to partner with researchers in China and Japan. These include research in plant disease control and vaccine design
  • Continued public engagement in partnership with other research councils on stem cell science, nanotechnology and ageing research. A new series of brochures illustrating the role of bioscience in underpinning research into cancer prevention, climate change and obesity was launched during 2006-07

Dr Peter Ringrose, BBSRC Chairman commented: “UK bioscience and healthcare sectors generate over £23Bn a year in revenues and employ over 400,000 people. This sets in context the importance of BBSRC in helping maintain the UK’s world-leading bioscience research base, which BBSRC is proud to support.

“Over the past year we have challenged ourselves to identify, far more rigorously than before, the scale and rate of the social and economic impact of the work we fund, looking at progress that we should achieve, and how best we can optimise outcomes through targeted partnerships with industry and other funders.”

The Accounts record the Council's income and expenditure for the year together with its assets and liabilities at 31 March 2007; these financial statements are supported by detailed Notes.

ENDS

Notes to editors

The BBSRC 2006-07 Annual Report and Accounts have been laid before Parliament. BBSRC is required by Schedule 1 to the Science and Technology Act 1965 to submit a report on its activities to Parliament.

About BBSRC

The Biotechnology and Biological Sciences Research Council (BBSRC) is the UK funding agency for research in the life sciences. Sponsored by Government, BBSRC annually invests around £380 million in a wide range of research that makes a significant contribution to the quality of life for UK citizens and supports a number of important industrial stakeholders including the agriculture, food, chemical, healthcare and pharmaceutical sectors. http://www.bbsrc.ac.uk

Contact

Matt Goode, Head of External Relations

tel: 01793 413299

Tracey Jewitt, Media Officer

tel: 01793 414694
fax: 01793 413382