Expert Insight on the Big Issues
Coutts in Conversation
In the first of a series of online events, Coutts Chairman Lord Waldegrave speaks to two leaders involved in the fight against coronavirus – Nobel Laureate Sir Paul Nurse, Director of The Francis Crick Institute, and Sarah Woolnough from Cancer Research UK
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“If we work together, if we work as a community, if we put our shoulders to the wheel, we will get through this.”
That was the positive message Sir Paul Nurse, from The Francis Crick Institute, shared with Coutts clients at an exclusive online event on the coronavirus outbreak.
In just two weeks, Sir Paul’s organisation has transformed itself from biomedical research body to testing facility for NHS staff and patients. ‘The Crick’ aims to manage at least 2,000 tests a day and return the results in under 12 hours.
Vaccine “will take time”
Running in parallel with worldwide lockdown measures is the race to find a vaccine. Global consensus is that life can’t really return to normal without one, but sadly there isn’t a quick fix.
Speaking at the virtual event, which was hosted by the bank’s Head of Asset Management Mohammad Syed, Sir Paul said, “We will get the answers, but it will take time. Some say we’re going to have a vaccine by September, others say 18 months. I think it will be a little more difficult than September, hopefully it won’t be as long as 18 months.
“But until we know the basic biology of the COVID-19 virus, and until we know how the human body responds to that virus, we cannot plan out a good exit strategy. But we have many people across the world trying to work it out very rapidly.”
Cancer treatment severely disrupted
One of the cruellest aspects of the coronavirus is the significant threat it poses to people already battling with existing health conditions.
Offering her unique perspective on this issue was Sarah Woolnough, Executive Director, Policy & Information at Cancer Research UK, the world’s largest cancer charity and a key funder and partner of The Crick.
She spoke about the huge impact coronavirus is having on cancer patients and their treatment across the country.
“Quite a lot of cancer treatment is being delayed or disrupted, and that is of course very distressing to cancer patients,” she said. “But also we’ve seen this radical drop in the number of patients presenting with cancer signs and symptoms at a GP surgery.”
Sarah told the audience this unfortunately exacerbated an existing problem in the UK around late cancer diagnosis.
“We have been working very closely with the NHS and many of the royal colleges to develop new guidance and try to ensure that essential cancer treatment does continue,” she said.
Keeping up-to-date
The health care sector is clearly now front-and-centre of everyone’s minds as the global effort to fight the virus moves with unprecedented pace and innovation.
This inaugural interview touched on some of that sector’s biggest issues, but there’s much more to discuss. With that in mind, we’ll be hosting more virtual events in the weeks ahead to connect you to big insight and analysis on a range of important topics.
We hope you can join us. In the meantime if there’s anything you need help with please don’t hesitate to contact your private banker.
Your questions answered
Experts from the Francis Crick Institute and Cancer Research UK answer three key questions that came in from our clients.
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