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The research charity Cancer Research UK has set up its own £18 million manufacturing unit to make biopharmaceuticals for use in clinical trials.

Public spending on research has to stand up to rigorous economic scrutiny said the UK’s new Science Minister David Willetts, in a recent speech.

Commissioner Maire Geoghegan-Quinn has announced the EU’s biggest annual research budget ever for 2011 - at €6.4 billion - with a pledge to make the money easier to access.

The EU may divert €460 million from the Seventh Framework Programme to fund the International Thermonuclear Experimental Reactor (ITER) nuclear fusion project.

A row has broken out over intellectual property rights and the funding model of Europe’s €2B flagship research programme, the Innovative Medicines Joint Technology Initiative.