InnoLife-consortium winning bid of Healthy Living and Active Ageing of the European Institute of Innovation and Technology (EIT) – University of Copenhagen

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11 December 2014

InnoLife-consortium winning bid of Healthy Living and Active Ageing of the European Institute of Innovation and Technology (EIT)

Healthy ageing

InnoLife, a consortium of 144 European companies, research institutes and universities, has been selected by the European Institute of Innovation and Technology (EIT) as the Knowledge and Innovation Community (KIC) for EIT Health. With a total volume of EUR 2.1 billion it is one of the largest public funded initiatives for health worldwide.

Over the next seven years EIT Health partners, such as Heidelberg University, Technische Universität München, University of Copenhagen, Roche, Intel, Siemens, Philips, Novo Nordisk and LEO Pharma will develop innovative products, education and services addressing the challenge of demographic change in Europe.

Dr. Ursula Redeker, chairperson of Roche Diagnostics GmbH and coordinator of the EIT Health-proposal, expressed her gratitude to all parties concerned and underlined the opportunities of the KIC to enable better and longer lives for people in Europe by creating new businesses and innovation.

To initiate and coordinate the numerous projects, the consortium partners will found a new company headquartered in Munich, Germany. Regional activities will be organized by Co-Location Centers in Heidelberg (Germany/Switzerland), Barcelona (Spain), London (England), Paris (France), Rotterdam (The Netherlands/Belgium) and Stockholm (Sweden /Denmark). An integral part of EIT Health is the InnoStars concept to widen participation for partners in Hungary, Poland, Slovenia, Croatia, Portugal and Wales.

After signing a framework contract with the EIT, EIT Health expects activities to start by the mid of 2015. The EIT will provide EIT Health with around EUR 80 million annually for the funding of new collaborations, education and projects.