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Science 26 June 1998:
Vol. 280. no. 5372, p. 2043
DOI: 10.1126/science.280.5372.2043a
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News & Comment

BIOMEDICAL RESEARCH FUNDING:
Dexter Takes Over Wellcome Trust's Pot of Gold

Nigel Williams

LONDON--Next week, Mike Dexter, one of Britain's most distinguished cell biologists, will takes the reins of the world's largest private fund for biomedical research, Britain's Wellcome Trust. Dexter takes over at a time when public funding for research is being consolidated at fewer departments; money for infrastructure is chronically scarce; the public research budget is stagnant; and a large cadre of researchers are marooned on short-term contracts. All of this has given the trust, with annual spending almost matching that of the government-funded Medical Research Council, enormous influence within Britain's biomedical science community (Science, 22 November 1996, p. 1292).

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Science. ISSN 0036-8075 (print), 1095-9203 (online)