From the website:

Biomedical regulation experts convened at a joint MRC and Wellcome Trust workshop in London in May 2008. The workshop brought together representatives from academia (including biomedical researchers and lawyers), industry, Government, regulators, and overseas representatives. The participants aimed to consider how research involving human participants may be simplified, using comparative experiences from other areas of regulation.

A report of the meeting is now avaliable on the MRC website and identifies a long-term goal – to analyse the wide range of issues associated with regulation and ultimately achieve an optimum regulatory environment to support biomedical research.