A possible new cancer drug which researchers believe could be up to 500 times more effective than existing treatments is one of 18 projects being funded by a Scottish Government scheme that aims to encourage innovation.<\/p>\n
The new\u00a0Proof of Concept fund will award cash to \u201cgroundbreaking research\u201d being carried out at Scotland\u2019s universities in a bid to help development into commercial projects.<\/p>\n
With funding of \u00a32.95 million announced to help 18 projects, the Edinburgh University work to develop a new anti-cancer drug has received \u00a3125,000.<\/p>\n
Other projects being funded include a laser system that can detect faults in aircraft engines in five minutes \u2013 some 25 minutes quicker than other tools \u2013 and a new radiation-free ultrasound to detect breast cancer which could be developed as an alternative to current mammograms.<\/p>\n
Work to develop an alternative to palm oil \u2013 a common ingredient in many foods \u2013 which would be healthier, more sustainable and with fewer calories is also being funded.<\/p>\n
Deputy First Minister Kate Forbes saw three of the projects to receive cash being demonstrated as she visited Edinburgh University\u2019s Institute for Genetics and Cancer on Thursday.<\/p>\n
The visit came after Scotland\u2019s first national innovation week last week \u2013 with Ms Forbes insisting \u201cinnovation must be our national endeavour\u201d.<\/p>\n
Adding that the Scottish Government was seeking to support this \u201cacross all areas of society\u201d, she said: \u201cScotland\u2019s world-class universities have the ideas and inventions to help tackle global problems and improve lives.<\/p>\n
\u201cThis new Proof of Concept fund will help bridge the gap between theory and practice, translating research into real-world impact which in turn drives Scotland\u2019s economic transformation.<\/p>\n
\u201cThe successful projects that we are supporting are quite simply inspiring. They have the potential to be lifesaving and life-changing.\u201d<\/p>\n
Professor David Argyle, vice-principal and head of the College of Medicine and Veterinary Medicine at the University of Edinburgh, said: \u201cThe transition from ground-breaking discovery to real-world application is one of the most critical stages in research.<\/p>\n
\u201cThis funding is a welcome endorsement of the exceptional innovation under way across Scotland, supporting academics to achieve commercial success.<\/p>\n
\u201cAt Edinburgh, the investment in pioneering cancer treatments, lab-grown tissue models and improved detection of aircraft faults shows how this work can hugely benefit people\u2019s lives while also strengthening the economy.\u201d<\/p>\n
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