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Bluepharma awards prize of 50 thousand euros to the most innovative health project

08.01.2020 in Bluepharma

Applications for the Bluepharma | University of Coimbra Innovation Award from 13 January to 2 March 2020

Bluepharma and the University of Coimbra have partnered once again to reward scientific research excellence at the international level. Applications open for the 2019 Bluepharma | University of Coimbra Innovation Award, an international prize of 20 thousand euros that seeks to reward top scientific projects developed in the area of Health Sciences. This aid may include an additional investment of 30 thousand euros once its marketability is proven.

Entries must be developed, partially or wholly, by Portuguese researchers at national institutions or abroad.

Assessment criteria of the award includes: merit, originality, innovation and input to scientific projects having high potential applications for goods or services, with real interest for society.

Entries must be submitted until 2 March 2020 with the form available at www.bluepharma.pt/innovationaward.

Paulo Barradas Rebelo, Chairman of Bluepharma, believes that “this Award is one of the tools we use to implement, in a consistent manner, parts of our focus on open innovation and on translational research”. Furthermore: “In 2019 Bluepharma invested over 25 per cent of its turnover in Research and Development (R&D). Investment in R&D amounted to more than 15 million euros over the last three years. These figures eloquently illustrate the crucial importance that is awarded to this area in our business strategy, since we aspire to be always at the forefront of innovation in a sector as relevant for society as the pharmaceutical industry”.

The Vice-rector of the University of Coimbra in charge of the area of Innovation, Luís Simões da Silva, highlights further the importance of strategically aligning this initiative with the investment that the University of Coimbra has put into developing and aggregating quality critical mass in the Area of Health. “The path of collaboration of Bluepharma with the University of Coimbra is exemplary; together they have worked over the last two decades for promoting Research and Innovation”. He also finds that “The mission of the University of Coimbra is to promote Innovation with the whole community, supporting innovative projects that foster scientific development in the most diverse areas”.

The Bluepharma | University of Coimbra Innovation Award is given every two years to an Innovative Health Science project. The winner will be announced in May 2020.