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Although UK research universities were going strong after Horizon funding was pulled, it could have been a different story had the scheme not been reinstated, finds Sarah Speight.
Before news broke last week of the new Horizon funding deal for the UK, IP law firm Mathys & Squire reported that the UK’s 50 biggest universities filed 433 new patent applications in the period 2021-2022.
This number fell from 474 in 2020-2021—the year of Brexit and the withdrawal of funding from Horizon Europe—representing a decline of 9%.
Despite the dip, these figures are proof that UK universities continued to be among the world’s most innovative, despite the removal, albeit temporarily, of this valuable source of EU funding.
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UK, university, Horizon Pharma, patents, Mathys & Squire, Brexit, innovation, COVID-19, vaccine, MIT, Harvard, biotechnology, pharmaceuticals, technology