The Knut and Alice Wallenberg Foundation invests up to SEK 600 million during a ten-year period in the program Wallenberg Clinical Scholars.

The aim with the boost is to maintain high quality in healthcare with cutting-edge clinical research in Sweden to keep up with the international competition.

“Our objective is to boost Swedish clinical research by identifying the best clinical researchers and giving them ample opportunities to carry out their work and have their findings impact both science and healthcare,” says Peter Wallenberg Jr, Vice-Chairman of the Knut and Alice Wallenberg Foundation.

“The initiative exclusively targets clinical researchers who are highly competitive at the international level, and will boost the status of clinical research. The program will also improve the quality of tomorrow’s academic leaders in clinical settings,” says Göran Sandberg, Executive Director of the Knut and Alice Wallenberg Foundation.

According to the Knut and Alice Wallenberg Foundation, the program provides funding for 25 of Sweden’s most prominent clinical researchers and will run for ten years. The estimated value of the initiative is SEK 600 million and each researcher obtains SEK 15 million for a period of five years, with possibility of extension for another five years. The call for nominations is open June 2nd–October 1st 2014.