Viagra company Pfizer, is putting 250,000 into research at Cambridge University.
University gets 250,000 from Pfizer
Pfizer Global Research & Development at Sandwich in Kent says it is expanding its partnerships with the chemistry departments at both Cambridge and Nottingham, with each receiving 250,000.
'These awards recognise these academic institutions for their excellence, achievements and significant contributions to science, especially in their training of chemists,' said Declan Doogan, senior vice-president with Pfizer.
'Educational excellence, especially in the sciences, is paramount to us at Pfizer. Male and female chemists graduating from outstanding universities such as these leave equipped with the balance of knowledge and skills necessary for pivotal roles in important discoveries, such as new medicines, that could be of benefit to people worldwide.'
The Cambridge award will be used to refurbish one of the chemistry department's lecture theatres, which will be renamed the Pfizer Lecture Theatre.
In addition, Pfizer chemists will be eligible for secondment to Cambridge.
Dr Doogan added: 'Rapidly evolving technologies will certainly continue to drive changes in many of the methods involved in drug discovery, but human knowledge, interpretation and teamwork are our most precious assets.
'The opportunity for Pfizer chemists to experience the stimulation and excitement of working in two of the foremost chemistry research departments in the country will be a fantastic way to ensure continued recognition and growth of the power of our people.'
Prof Steven Ley, head of organic chemistry at Cambridge, said: 'We attract the highest calibre of students and academics from around the world and it's essential that we can offer them a high quality environment,' adding that the lecture theatre in question dated from 1959.
The University of Cambridge is acknowledged as one of the world's leading higher education and research institutions. The University was instrumental in the formation of the Cambridge Network and its Vice- Chancellor, Professor Stephen Toope, is also the President of the Cambridge Network.