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Encyclopedia > Wellcome Trust
Wellcome Trust
Founder Sir Henry Wellcome
Founded 1936
Headquarters London, United Kingdom
Area served United Kingdom
Focus Biomedical Research
Endowment £13.4 billion
Website Wellcome Trust website
The Wellcome Trust's Gibbs Building on Euston Road
The Wellcome Trust's Gibbs Building on Euston Road

The Wellcome Trust is a United Kingdom-based charity established in 1936 to administer the fortune of the American-born pharmaceutical magnate Sir Henry Wellcome. Its income was derived from what was originally called Burroughs Wellcome & Co, later renamed in the UK as the Wellcome Foundation Ltd (Wellcome plc). For the computer game previously called Entrepreneur, see The Corporate Machine. ... Henry Solomon Wellcome (born 1853 in Wisconsin, died 1936) was an American-British pharmaceutical entrepreneur. ... 1936 (MCMXXXVI) was a leap year starting on Wednesday (link will take you to calendar). ... A financial endowment is a transfer of money or property donated to an institution, with the stipulation that it be invested, and the principal remain intact. ... A website (or Web site) is a collection of web pages, images, videos and other digital assets and hosted on a particular domain or subdomain on the World Wide Web. ... Download high resolution version (2048x1536, 1167 KB) Wikipedia does not have an article with this exact name. ... Download high resolution version (2048x1536, 1167 KB) Wikipedia does not have an article with this exact name. ... Euston Road is an important thoroughfare in central London. ... A charitable trust (or charity) is a trust organized to serve private or public charitable purposes. ... 1936 (MCMXXXVI) was a leap year starting on Wednesday (link will take you to calendar). ... Henry Solomon Wellcome (born 1853 in Wisconsin, died 1936) was an American-British pharmaceutical entrepreneur. ...


The Trust is the world's second richest medical charity after the Bill and Melinda Gates Foundation, with net assets at 30 September 2006 of over £13.4 billion ($26.8 billion). The Trust states its mission as being "to foster and promote research with the aim of improving human and animal health." In addition to funding biomedical research, it supports the public understanding of science. The Bill & Melinda Gates Foundation is the worlds largest charitable foundation. ... ISO 4217 Code GBP User(s) United Kingdom, Crown Dependencies Inflation 3. ...


In 1986, the trust sold 25% of Wellcome plc stock to the public, beginning a process of separating itself from the pharmaceutical industry. In 1995, following controversy, the Trust divested itself of any interest in pharmaceuticals by selling all remaining stock to Glaxo plc, the company's historic British rival, creating GlaxoWellcome plc. The cash windfall generated by this merger has shaped many of the Trust's recent developments. In 2000, the Wellcome name disappeared from the drug business when GlaxoWellcome merged with yet another British firm, SmithKline Beecham, to form GlaxoSmithKline plc. The Wellcome Trust is looking set to once again become involved in Drug Manufacture and retail as it is part of a consortium with Terra Firma and HBOS looking to buy Boots (Alliance Boots), the UK drug manufacturer and retailer. Alliance Boots owns brands such as Crookes Healthcare, Unichem, Boots and Nurofen. GlaxoSmithKline plc (LSE: GSK NYSE: GSK) is a British based pharmaceutical, biologicals, and healthcare company. ... Group headquarters on The Mound, Edinburgh HBOS Office at Trinity Road, Halifax HBOS plc (LSE: HBOS) is the holding company of the HBOS Group, formed on the 10 September 2001 by, and named after, the principals involved in the merger of Halifax plc, the former Halifax Building Society, with Bank... Boots is the name of at least five different albums and singles: Boots by Nancy Sinatra (1966) Boots by Mighty Gabby (1984) Boots by Condemned Eighty Four (2001) Boots by KMFDM (2002) Boots by Noe Venable (2003) It is also the name of a large chain of chemists in the... Nurofen is the brand name of a range of pain-relief medication made by Boots Healthcare, recently acquired by UK drug company Reckitt Benckiser. ...

Contents

Activities

The Wellcome Trust invests more than £400 million per annum in biomedical research. Most of this goes to support research that adds to our understanding of health and disease but may have no immediate application. Medical benefits may emerge years later. Funds from the Wellcome Trust have supported these activities:

The Wellcome Trust has two buildings on Euston Road in London. The Wellcome Building, at 183 Euston Road, built in 1932 in Portland stone has an impressive exterior and a fine double-height Library Reading Room on the second floor. Next door at 215 Euston Road is the glass and steel Gibbs Building, by Michael Hopkins, opened in 2004 as the administrative headquarters of the charity. In biology the genome of an organism is the whole hereditary information of an organism that is encoded in the DNA (or, for some viruses, RNA). ... The Wellcome Trust Sanger Institute (formally the Sanger Centre) is a genome research centre in Cambridgeshire, England. ... Artemisinin (IPA: ) is a drug used to treat multi-drug resistant strains of falciparum malaria. ... UK Biobank is a large long-term study in the United Kingdom (UK) which is investigating the respective contributions of genetic predisposition and environmental exposure (including nutrition, lifestyle, medications etc. ... The Science Museum on Exhibition Road, South Kensington, London is part of the National Museum of Science and Industry. ... Synchrotrons are now mostly used for producing high intensity X-ray beams; here, the synchrotron is the circular track, off which the beamlines branch. ... // In 2001, the House of Lords Science & Technology Select Committee Report identified an urgent need for subject specific Continuing Professional Development for Science Teachers. ... Euston Road is an important thoroughfare in central London. ... This article is about the capital of England and the United Kingdom. ... The Cenotaph, in Whitehall, London, England, is made from Portland stone Portland stone is limestone from the Jurassic period quarried on the Isle of Portland, Dorset. ... Wellcome Trust building on Euston Road Sir Michael Hopkins CBE (b. ... A charitable organization (also known as a charity) is a trust, company or unincorporated association established for charitable purposes only. ...


The Wellcome Trust established the Burroughs Wellcome Fund in the US.


In October 2005 the Trust was the first large research funding charity to condition funding of research projects to the publication of results in open access repositories. Open access (OA) means immediate, free and unrestricted online access to digital scholarly material[1], primarily peer-reviewed research articles in scholarly journals. ...


In 2006 the TRUST awarded funding, through its SCIART production scheme, to EX MEMORIA, a short film by Josh Appiganesi and Mia Bays (2005 Oscar-winning producer for Six Shooter). EX MEMORIA is about Eva, a woman with Alzheimers, and her struggle with her past and present. The film was nominated for a British Independent Film Award for Best British Short in November 2006. Although he never won an Oscar for any of his movie performances, the comedian Bob Hope received two honorary Oscars for his contributions to cinema. ... Revolver is also a rock-and-roll album by The Beatles. ...


Libraries and public facilities

In April 2007 the Wellcome Building reopened after refurbishment containing a public venue called Wellcome Collection. This is intended to enhance public understanding of current thinking in medical science and history. The Wellcome Trust Centre for the History of Medicine at UCL is one of the organizations here.


The Wellcome Library, also in the Wellcome Building, has very large collections of books, manuscripts, pictures, films, audio and digital files concerning the history of health and related subjects. It is one of the world's foremost collections on these subjects and is open to the public free of charge six days a week.


Wellcome Collection will also contain gallery spaces, conference facilities, space for debates, drama and workshops, a café and a bookshop. The galleries will show a small sample of works from Sir Henry Wellcome's collection, and will stage a programme of temporary exhibitions.


See also

The Royal College of Surgeons of England is an independent professional body committed to promoting and advancing the highest standards of surgical care for patients. ... The Royal College of Surgeons of England is an independent professional body committed to promoting and advancing the highest standards of surgical care for patients. ... List of wealthiest foundations is an annotated list of the largest foundations and other charitable organizations, organised by country and size of financial endowment. ... The Howard Hughes Medical Institute (HHMI) is a United States non-profit medical research institute based in Chevy Chase, Maryland and originally founded by the aviator and engineer Howard Hughes in 1953. ... Open access (OA) means immediate, free and unrestricted online access to digital scholarly material[1], primarily peer-reviewed research articles in scholarly journals. ...

References

  • Hall, A.R. & Bembridge, B.A. Physic and philanthropy: a history of the Wellcome Trust 1936-1986. Cambridge (UK): Cambridge University Press, 1986. ISBN 0-521-32639-7
  • Open Access a Must for Wellcome Trust Researchers, press release by Wellcome Trust

External links

  • briandeer.com Sunday Times investigation, February 1994
  • Wellcome Trust website
    • The Wellcome Library
    • Wellcome Trust position statement in support of open and unrestricted access to published research
  • Ex Memoria - Wellcome Trust Awarded Film
  • Science Learning Centres website The national network of Science Learning Centres provides Continuing Professional Development for everyone involved in science education. The network is a joint initiative by the Department for Education and Skills and the Wellcome Trust.

  Results from FactBites:
 
The Scientist : Wellcome insists on open access (884 words)
Britain's Wellcome Trust said today (May 19) that after October 1 of this year, all new grant recipients will be required to post any papers arising from the funded research in an open-access repository.
The trust, the United Kingdom's biggest nongovernment funder of life sciences research, said that grant recipients would need to deposit their papers within 6 months of publication, either with the National Institutes of Health's (NIH's) PubMed Central or with a UK version the Wellcome Trust and others want to establish.
Wellcome should have required researchers to deposit articles in a repository held by his own institution, from which it could be harvested by PubMed Central or its UK version, Harnad said.
Henry Wellcome and the Wellcome Trust, by Brian Deer (6666 words)
Wellcome's expedition to the Sudan (between 1911 and 1914) was one of the more telling incidents of his life, and he brought back to London a number of historic finds.
Henry Wellcome's wonder product was almost certainly lemon juice and, though one might forgive a teenage boy for the element of prank, even the author of an otherwise anodyne trust pamphlet, published in 1980, could not avoid observing that his claims "set the pattern for the future".
Henry Wellcome's campaigns for the Tabloid brand medicines, his free supplies to people in the public eye and his lavish entertaining were all forbears in their modest way to what his empire does today.
  More results at FactBites »

 
 

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