Our work with industry
While most of our income comes from public sector and not-for-profit organisations, for some programmes of work, where appropriate, we develop joint or collaborative working agreements with commercial organisations.
These agreements can provide additional funding to enable our work to benefit more patients, while ensuring the health and care system benefits from new innovations in health and care. They can also bring supplementary capacity and capability to the NHS and can valuable insights to non-NHS stakeholders.
As part of the AHSN Network, we adopt the following principles in our work with industry:
- Patients’ needs first
- Improving value from public money
- Alignment with local and national priorities
- A balanced, whole systems approach to healthcare
- Openness and transparency
Our goal is to enable collaborative relationships within long-term projects based upon mutual recognition and regard.
In line with the Association of British HealthTech Industries (ABHI) code of ethical business conduct and Association of the British Pharmaceutical Industry (ABPI) code of practice, from April 2022 onwards, all Academic Health Science Networks (AHSNs), including UCLPartners, have decided to disclose details of joint working agreements with industry, as well as any donations by non-profit making or charitable organisations (together known as ‘transfers of value’) on an annual basis as a minimum.
We will publish our first list of UCLPartners’ projects with industry by 30 September 2022.