Once again we were delighted to be recognised for our world-leading research by the Research Excellence Framework (REF). HERU contributed to the University of Aberdeen's UoA2 (Public Health, Health Services and Primary Care Unit of Assessment) submission, with 95% of our activity being rated as internationally-excellent or world-leading. This placed us 8th out of 32 institutions in the UK, and top in Scotland. These results highlight HERU’s position as a leading health economics research centre, with a reputation for delivering applied and methodological work that is nationally and internationally significant.