CRUK is to award the funding over the next five years to train early-career clinician scientists - doctors who also carry out medical research - as part of its Clinical Academic Training Programme.
The Clinical Academic Training Programme will invest £58.7m at nine research centres, including the Cancer Research UK Oxford Centre.
Clinician scientists play an essential role in translating cancer research, helping to bridge the gap between scientific research carried out in laboratories and clinical research involving patients.
Working across both research settings, their contributions to new knowledge and its translation to clinical practice are critical for cancer research.