More than £12.8m will be awarded to Oxford Health NHS Foundation Trust for a new reasearch centre dedicated to translating innovative research into better treatments for mental health disorders and dementia.
A further £113.7m will be spent in "world leading" medical research in cancer, diabetes, genetics, neurology and surgery at the NIHR Oxford Biomedical Research Centre over the next five years.
More information can be found on the NIHR Oxford BRC site.