LIFEARC
SIC Code: 72110 - Research and experimental development on biotechnology1. Performing our own research in order to progress technologies and treatments for the benefit of human health.2. Work with universities, charities, public bodies and industry to accelerate the progression of biomedical discoveries to develop new treatments or therapeutics for the medical profession and public.
Financial health, per its FY2024 accounts
The accounts state that LifeArc reported a significant surplus of £182.6 million from royalties and contract income, resulting in total unrestricted reserves of £1.6 billion. The trustees confirm that the organization has adequate liquid reserves and no material uncertainties regarding its ability to continue as a going concern. Financial sustainability is supported by a diverse investment portfolio and long-term planning to manage time-limited royalty income.
What the accounts disclose
“Lynne Robb and Sue Wallcraft (LifeArc Trustees) are on the Board of Trustees. During the year LifeArc had funded awards of £806k” — page 71
“Jo Pisani (LifeArc Trustee) is on the Board of Trustees. During the year LifeArc funded awards of £3,813k” — page 71
“Lynne Robb and Sue Wallcraft (LifeArc Trustees) are on the Board of Trustees. During the year LifeArc had funded awards of £806k” — page 71
“Jo Pisani (LifeArc Trustee) is on the Board of Trustees. During the year LifeArc funded awards of £3,813k” — page 71
“Lynne Robb and Sue Wallcraft (LifeArc Trustees) are on the Board of Trustees. During the year LifeArc had funded awards of £806k” — page 71
“Jo Pisani (LifeArc Trustee) is on the Board of Trustees. During the year LifeArc funded awards of £3,813k” — page 71
“LifeArc holds 100% of the shares in LifeArc Innovations Limited. Consolidated accounts have not been prepared as its inclusion is not material”
Leadership, per the charity’s website
- Sam Barrell — Chief Executive Officer (CEO)
- Dr Ian Gilham — Chair of Board of Trustees
- Stéphane Maikovsky — Deputy Chief Executive Officer and Chief Financial Officer
- Jonathan Morgan — Chief Medical Officer
- Adrien Lemoine — Chief Business Officer
- Karen Skinner — Chief Operating Officer
- George Orphanides — Chief Scientific Officer
- Claire Pimm — Chief Communications Officer
Funders the charity credits
- Gates Foundation
- Muscular Dystrophy UK
- Great Ormond Street Hospital Charity
UK research funding (UKRI Gateway to Research)
- Understanding the essential requirement for HDAC1 and HDAC2 in tissue development and homeostasis: implications for disease and therapy.
- The role of plasma membrane calcium ATPase 4 (PMCA4) in modulating Plasmodium infection and malaria severity
- Digital Health: OptiMuscle - Improving health outcomes through the optimization of muscle function
- Understanding pharmacokinetic - pharmacodynamic determinants of outcome to inform dose optimisation for non-MDR TB re-treatment patients in Vietnam
- Bilateral BBSRC-SFI: Understanding the impact of divergent Sin3A/HDAC1 complex assemblies in gene regulation
- Deciphering the function of intrinsically disordered protein regions in a cellular context
- Novel analgesics based on antagonism of TRPV1-AKAP79 binding
- CHNUK: Integrated platforms from science to policy in response to antibacterial resistance
- Understanding the contribution of inositol phosphate signalling to class-1 HDAC complex function
- Development of sustainable academic-industry partnerships: Untapping breakthrough innovation for the treatment and management of infectious diseases
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Daniel Morgan
- David Zahn
- Dr Ian David Gilham
- Dr Samantha Marney
- Dr Sameer Mistry
- Dr Teresa Cooper
- Ian James Nicholson
- Joanne Patra Pisani
- PANKAJ DAVE
- Paul Nioi
- Stephane Maikovsky
- Susan Jean Wallcraft
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £86.7m | £108.6m |
| 31/12/2024 | £205.0m | £95.9m |
| 31/12/2023 | £169.6m | £73.5m |
| 31/12/2022 | £22.9m | £60.3m |
| 31/12/2021 | £17.9m | £56.5m |
Common questions
Is LIFEARC financially healthy?
Per its FY2024 accounts: The accounts state that LifeArc reported a significant surplus of £182.6 million from royalties and contract income, resulting in total unrestricted reserves of £1.6 billion. The trustees confirm that the organization has adequate liquid reserves and no material uncertainties regarding its ability to continue as a going concern. Financial sustainability is supported by a diverse investment portfolio and long-term planning to manage time-limited royalty income. Its FY2024 accounts were audited by Moore Kingston Smith LLP.
Who funds LIFEARC?
Funders whose own accounts filings name LIFEARC as a grant recipient include MOTOR NEURONE DISEASE ASSOCIATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| MOTOR NEURONE DISEASE ASSOCIATION | FY2021 | £800k | Research |
| MOTOR NEURONE DISEASE ASSOCIATION | FY2024 | £41k | Research |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WELLCOME TRUST | 1 | £30.1m |
| JOHN INNES FOUNDATION | 1 | £731k |
| PROJECT GIVING BACK | 1 | £84k |
| THE PATRICK & HELENA FROST FOUNDATION | 1 | £60k |
| ROBERT LUFF FOUNDATION LIMITED | 1 | £50k |
| JUVENILE DIABETES RESEARCH FOUNDATION LIMITED | 1 | £38k |
| THE THOMAS J HORNE MEMORIAL TRUST | 1 | £25k |
| CYSTIC FIBROSIS TRUST | 1 | £25k |
Charities like this
- UK BIOBANK LIMITED
- ASSOCIATION OF MEDICAL RESEARCH CHARITIES
- EARLHAM INSTITUTE
- LIVERPOOL LIFE SCIENCE ACCELERATOR LIMITED
- THE LORNA AND YUTI CHERNAJOVSKY BIOMEDICAL RESEARCH FOUNDATION
- THE COMPANY OF BIOLOGISTS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LIFEARC | £86.7m | — | — | above | — | no doubt |
| UK BIOBANK LIMITED | £68.9m | £270,001 - £280,000 | — | within | — | no doubt |
| ASSOCIATION OF MEDICAL RESEARCH CHARITIES | £1.3m | — | — | within | — | no doubt |
| EARLHAM INSTITUTE | £14.1m | — | — | above | — | no doubt |
| LIVERPOOL LIFE SCIENCE ACCELERATOR LIMITED | £1.1m | — | 0 | below | — | no doubt |
| THE LORNA AND YUTI CHERNAJOVSKY BIOMEDICAL RESEARCH FOUNDATION | £508k | — | 0 | above | — | no doubt |