Hard Graft exhibition, Wellcome Collection.
Credit:

David Sandison/Wellcome

Licence: All Rights Reserved

There were 480,000 visitors to Wellcome Collection this year. 8 out of 10 felt their visit made them think more deeply about science or health.

Wellcome Annual Report 2024

Find out about Wellcome’s impact in 2023/24, with commentaries from our Chair and Director, reports on what we did last year and reviews of our finances and investments. 

Highlights 

The past year marked significant progress in Wellcome's commitment to transformative health advancements through strategic investments and collaborations.

  • Financial commitment: In the 2023/24 period, Wellcome invested £1.6 billion in research, focusing on ambitious projects in science, health and wellbeing, while addressing urgent global health challenges.
  • Innovative advancements: We celebrated the approval of the first new pharmacological approach for treating schizophrenia in 50 years and the world’s first vaccine for chikungunya. These were realised through strategic partnerships and long-term investments in research.
  • Strategic partnerships: We forged significant collaborations with the Novo Nordisk Foundation, the Bill & Melinda Gates Foundation and others, enhancing our ability to tackle shared global health challenges effectively.
  • Long-term impact: Our early investments in sensory neurons are now on the brink of revolutionising pain medicine, underscoring the value of curiosity-driven scientific funding with successful phase 3 trials.
  • Global health advocacy: At COP28, we led efforts to spotlight the vital connection between health and climate change, placing health at the forefront of global discussions.
  • Operational success: Despite economic challenges, our robust financial management has ensured strong returns and positioned us to seize future opportunities, continuing our relentless pursuit of improved health outcomes for all. 

How much has Wellcome spent on charitable activities since 2017/18?

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"Working together with a shared vision of a healthier future for everyone is how we will change the world."

John-Arne Røttingen

Chief Executive Officer

Wellcome

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Examples of our work in 2023/2024 

Analysis
Analysis

A new approach for treating schizophrenia

5-minute read

A new treatment for schizophrenia – backed by Wellcome-funded research – has been approved by the FDA and has the potential to change the lives of millions of people living with the condition globally.

Author
Research story
Research story

Human Cell Atlas: shaping the future of our health

10-minute read

The Human Cell Atlas aims to map all the cells in the human body. In what ways can these maps shape the future of our health? Learn more from Dr Sarah Teichmann and Prof Muzlifah Haniffa from the Human Cell Atlas Organising Committee.

Author
News
News

Making the health impacts of climate change visible

4-minute read

In spite of what we know about the impacts of climate change on health, policymakers and decision-makers are still not taking action quickly and decisively enough. Here's why and how we can change that.

Author

Downloads 

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