The document discusses Horizon 2020, the EU's research and innovation program from 2014-2020. It summarizes that Horizon 2020 brings together separate previous programs, couples research and innovation, and focuses on societal challenges like health and ageing. It allocates over 7 billion euros for health, demographic change and wellbeing initiatives. These initiatives aim to translate science to benefit citizens, improve health outcomes, support healthcare sectors, and test new health models through areas like innovative medicines, clinical trials, assisted living, and active ageing.