Portugal raises 46.2 mln euros for health research, development

LISBON, Sept. 6 (Xinhua) -- Portugal has raised 46.2 million euros (45.9 million U.S. dollars) for health research and development projects from 2021 to August this year, the Agency for Clinical Research and Biomedical Innovation (AICIB) said Tuesday.

The funding raised "corresponds to 2.96 percent of the total European funding available for collaborative projects in the health area and has already exceeded the 2-percent target set by the Portuguese government," the AICIB said in a press release.

A total of 61 research and development projects were financed during the period, seven of which were coordinated by Portuguese national entities, it said.

The largest share of funding, or 49 percent, was allocated to research institutes, followed by higher education institutions, with 22 percent, it said.

Around 94 percent of the funding went to the "health cluster," and the rest to the "cancer mission," both from the EU's key funding program Horizon Europe for research and innovation, it added.