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The merging of two prestigious fellowship schemes could set a new global standard in support of early-career independent researchers, it has been suggested.
The Royal Society and the Wellcome Trust are to merge their existing fellowships for junior principal investigators into a scheme intended to combine the benefits of both.
The Sir Henry Dale fellowship will combine the eight-year duration of the Royal Society's university research fellowship with the higher level of funding offered by the Wellcome Trust's five-year research career development fellowship.
Sir Mark Walport, director of the Wellcome Trust, said both organisations believed the scheme would be "among the best in the world" and expected others to emulate it.
Sir Paul Nurse, president of the Royal Society, said one aim of the move had been to obviate...