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Monday 27th March 2017
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Wellcome Trust funds soar

4th February 2008

The Wellcome Trust has said it will increase its spending by 60% over the next five years.

The charity will spend £650m annually, with an additional dividend of £500m. This equates to £4bn over five years. The dividend will be spend on "big projects", including the Health Research Innovation Challenge Fund, a new partnership with the Department of Health.

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