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
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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
Biomedical Catalyst 2025: Industry led R&D small projects
Opens: 10/11/2025 Closes: 10/12/2025
UK registered micro, small and medium sized enterprises (SMEs) can apply for a share of up to £25 million for the development of innovative solutions to health and healthcare challenges. This funding is from Innovate UK.
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EUP OHAMR 2026 transnational call: New treatments to tackle Antimicrobial Resistance (AMR)
Opens: 18/11/2025 Closes: 02/02/2026
International call to explore new "Treatments and adherence to treatment protocols" to tackle AMR, total call budget of over 31 million Euro.
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Biomedical Catalyst 2025: Industry led R&D large projects
Opens: 10/11/2025 Closes: 10/12/2025
UK registered micro, small and medium sized enterprises (SMEs) can apply for a share of up to £25 million for the development of innovative solutions to health and healthcare challenges. This funding is from Innovate UK.
More Information
Women in Innovation Awards 2025/26
Opens: 26/11/2025 Closes: 04/02/2026
Women founders or co-founders of UK registered SMEs can apply for a package of support that includes a grant of up to £75,000 and bespoke business support, to further their ambitious growth plans.
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Innovate UK Innovation Loans Round 24
Opens: 23/10/2025 Closes: 07/01/2026
UK registered businesses can apply for loans for close to market innovative projects with strong commercial potential. They must significantly improve the UK economy and drive societal benefit.
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Innovate UK Growth Catalyst December 2025
Opens: 10/12/2025 Closes: 03/02/2026
Grant funding for late-stage R&D projects of up to £2m in size, subject to aligned private investment through Innovate UK’s proven Investor Partnerships funding model. Opening soon.
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Related Events and Recordings
Thu
4
Dec
2025
Opportunities in the European Innovation Council (EIC) Advanced Innovation Challenges Pilot Scheme
14.00 - 15.00 | Online
Recording coming soon
Tue
14
May
2024
Inside Out: Navigating Innovation in Intracellular Drug Delivery – Exploring Cutting-Edge Technologies
10.00 - 12.00 | Online
Watch now
Fri
24
Jan
2025
Shaping the future of medical products: Data-driven innovation and regulatory perspectives from the MHRA
11.00 - 12.00 | Online
Watch now
Related News
24/07/2024
£3.2m funding awarded to advance early-stage healthcare innovation
Thirty-three companies, which took part in Innovate UK Biomedical Catalyst pilot accelerators, have been awarded funding to further develop their innovative projects.
Read more
16/01/2025
Funding to build a sustainable future for medicines manufacturing
15 projects have been awarded a share of £1.3m seed funding to support proposals for large-scale Grand Challenges in sustainable medicines manufacturing.
Read more
Related programmes
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
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
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.