Precision Medicine

Precision Medicine aims to target the right drug, to the right patient, at the right dose and the right time. Precision Medicine is a cutting-edge field of innovation that improves disease outcome by tailoring treatments to characteristics of patients.

Precision Medicine improves the accuracy of diagnosis and prognosis, refines the selection of treatment, and increases therapeutic efficacy whilst decreasing the likelihood of side-effects. This approach triangulates between lots of data points: genes, proteins, other biomarkers, general health and phenotypic data, to place patients into stratified populations.

Precision medicine is an exciting and burgeoning area of health research that presents both economic and health benefits. The Health Team at Innovate UK Business Connect supports companies of various sizes, working across the sub-sectors of Precision Medicine. Precision Medicine is a particularly diverse and interdisciplinary area, and fruitful collaboration is crucial to innovation and enterprise. Innovate UK Business Connect is uniquely placed at the crossroads of multiple stakeholders in different sectors and facilitates key partnerships to advance this area of innovation forwards.

Related Opportunities

NHS Cancer Programme: Innovation Open Call 3

Opens: 26/01/2024 Closes: 29/05/2024

NHS England has launched a new round of its funding competition for innovation in the early detection and diagnosis of cancer.

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Royal Society Short Industry Fellowships, April 2024

Opens: 05/04/2024 Closes: 29/05/2024

The Short Industry Fellowships scheme is open to talented researchers, especially early career researchers, in academia or industry in the UK.

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Knowledge transfer partnerships (KTP): 2024 to 2025 Round 2

Opens: 15/04/2024 Closes: 26/06/2024

Up to £9m to fund innovation projects, with businesses or not-for-profits working alongside academic institutions, RTOs or Catapults.

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Related Events and Recordings


UK Phage Innovation Showcase

09.30 - 16.30 | Leicester/online

Watch now
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Innovate UK funds heart-monitoring smart garment project


Innovate UK funds heart-monitoring smart garment project

KYMIRA Ltd will use an Innovate UK Advancing Precision Medicine grant for a project it hopes will help diagnose heart disease earlier, with the aim of preventing some of the 100,000 deaths from arrhythmia every year in the UK.

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Pilot accelerators launched to support the development of early-stage health and life science innovation in the UK


Pilot accelerators launched to support the development of early-stage health and life science innovation in the UK

We are pleased to announce our pilot accelerators, in collaboration with the Medical Research Council (MRC), which will allow spinouts, start-ups, and entrepreneurial minded academics to test their ideas and develop concepts with support from key stakeholders from the innovation ecosystem.

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Related programmes

Medimap: End-to-end medicines supply chain map

Medimap: End-to-end medicines supply chain map

Medimap is a new interactive reference tool for the UK medicines sector, mapping and categorising over 3,000 sites of organisations engaged in or supporting the end-to-end supply chain for medicines.

Health Funding Map

Health Funding Map

The map was developed by Innovate UK Business Connect and the BioIndustry Association (BIA) with the help of a wide range of funders. It helps in the navigation of the complicated world of health innovation funding.

Transforming Medicines Manufacturing

Transforming Medicines Manufacturing

Innovate UK’s Transforming Medicines Manufacturing programme aims to drive the de-risking and adoption of highly innovative flexible, agile and scalable manufacturing technologies through a culture of collaboration that will drive the growth of this critically important manufacturing sector.


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