Commercial strategy 2024-2027
Our commercial enterprise team is working with colleagues and partners to expand our activities and deliver our commercial strategy, with a focus on a portfolio including: health and life sciences, education, training and experience, pharmaceutical production, international and private healthcare, digital and data partnerships, and strategic partnerships.
We have have a rich history of research and innovation, working with partners from across healthcare, academia and industry, and our innovation team works with individuals and teams to look at how to improve the services and care we provide to patients.
We take an entrepreneurial and commercial approach to nurture and grow opportunities to generate income for our organisation, building on strong foundations of excellent care, effective joint working and strategic partnerships across health, academia and industry.
Money generated from commercial activity is reinvested into NHS services and patient care at Newcastle Hospitals.
Why partner with us?
Our partnerships include global healthcare companies who bring specific expertise in areas such as diagnostics, oncology, research and improved patient outcomes.
Our collaborations are key to delivering shared goals and providing resource and investment opportunities. A core part of our work is developing and strengthening collaborations across health and life sciences, as well as academia and industry.
- We have world-class facilities and a wealth of clinical and operational expertise, covering a wide range of specialist services
- Our hospitals are involved in a significant programme of research, evaluation and collaboration with industry – regionally, nationally and internationally.
- The north east also has a well-established life science sector – around 200 companies contributing upwards of £1.1 billion – which actively collaborates with the NHS and universities.
With a longstanding focus on quality and innovation, we support pioneering clinical practice and as a leader in healthcare research and development, we have strong working relationships with partners including:
- Health Innovation North East and North Cumbria
- Newcastle Health Research Partnership (the region’s Academic Health Science Centre)
- NIHR Newcastle HealthTech Research Centre
- Diagnostics North East (DxNE)
- The world-leading Campus for Ageing and Vitality, the National Innovation Centre for Ageing and the National Innovation Centre for Data.
- Newcastle University
- Invest Newcastle
- Roche Diagnostics UK
- Promptly Health
- Flatiron Health
- Novartis
- Leica Biosystems
- Sintons
As part of the Great North Care Alliance, we work closely with Gateshead, North Cumbria and Northumbria NHS Foundation Trusts to provide high quality services for patients and, where appropriate, economies of scale.
To find out how we could work together, get in touch below.
Contact us