Wellcome has been a strong advocate for public and private sector support for Covid-19 research across the world. We have spent £51 million this year on our response to Covid-19 across our charitable activities. Our role co-founding and funding CEPI(opens in a new tab) has supported rapid development of successful vaccines against Covid-19
In October 2020 we launched a new vision and strategy to guide Wellcome’s charitable activities. We’re supporting discovery research into life, health and wellbeing, and we’re taking on three worldwide health challenges: mental health, global heating and infectious diseases.
In 2019/20 Wellcome spent £1.1 billion on charitable activities, supporting researchers, taking on big health challenges, campaigning for better science, and helping everyone get involved with science and health research.
Wellcome’s investments generated a 12.3% return, taking the total value of our investment portfolio to £29.1 billion, up £2.3 billion from 2019.
Jeremy Farrar, Director
The speed and rigour with which scientists around the world responded to Covid-19 this year has been incredible.