Navigation Links
US invested $139 billion in health research in 2009
Date:10/7/2010

WASHINGTONOctober 7, 2010The U.S. invested $139 billion last year in health research from all public and private sources, according to Research!America's latest annual estimate. That amount represents only 5.6% of the $2.47 trillion overall U.S. health spending in 2009or 5.6 of every health dollarwhich varies no more than 0.2% from 2005 levels.

The estimate is available here: http://www.researchamerica.org/uploads/healthdollar09.pdf.

The 2009 investment grew by only 0.1% over 2008. This small increase can be attributed largely to the federal stimulus funding for research provided through the American Recovery and Reinvestment Act of 2009. Federal research investment was nearly $46.8 billion in 2009, up from $38.6 billion in 2008.

"America's economic destiny lies in innovation, but other countries are stepping up, investing more and thus challenging our lead," said former Congressman John Edward Porter, Research!America's chair. "We need to invest in our federal research agencies for the long term. Our economic competitiveness and our future standard of living depend on it."

The effects of the economic recession can be seen throughout the other sectors that fund health research and developmentindustry, universities, state and local governments, philanthropic foundations, voluntary health associations, and independent research instituteswhere such investment remained essentially flat or declined in 2009. Industry was the largest source of health research funding in 2009 at $74.3 billion, down slightly from the prior year's $74.8 billion. All other sources combined invested $17.8 billion, compared with $17.1 billion in 2008.

Mary Woolley, president and CEO of Research!America, said, "We need to make the research and development tax credit permanent as an incentive to the private research enterprise, which builds upon the essential work of our federal research agencies. We need this and other incentives and investments to support the full pipeline of research, so research can get the job done and deliver on its promise of treating, curing and preventing disease, as well as raising health care quality and lowering cost."


'/>"/>

Contact: Eva Maciejewski
emaciejewski@researchamerica.org
571-482-2712
Research!America
Source:Eurekalert

Related biology news :

1. Research shows that time invested in practicing pays off for young musicians
2. K-State research: Freshwater pollution costs US at least $4.3 billion a year
3. Billion-year revision of plant evolution timeline may stem from discovery of lignin in seaweed
4. Scientists urge global action to preserve water supplies for billions worldwide
5. Sweden to host 1.3 billion Euro research center
6. DOE awards over a billion supercomputing hours to address scientific challenges
7. HHS Secretary Sebelius announces $1 billion in NIH Recovery Act awards for research construction
8. Over two billion hours served
9. $240 billion of green photonics by 2021
10. Ingredient in soap points toward new drugs for infection that affects 2 billion
11. Swiss Institute of Bioinformatics celebrates 10th birthday by presenting major gifts to human health
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/14/2017)... 15, 2017  IBM (NYSE: IBM ) is introducing several ... dedicated to developing collaboration between startups and global businesses, taking ... During the event, nine startups will showcase the solutions they ... industries. France is ... with a 30 percent increase in the number of startups ...
(Date:4/24/2017)... WASHINGTON , April 24, 2017 ... counsel and partner with  Identity Strategy Partners, LLP ... "With or without President Trump,s March 6, ... Foreign Terrorist Entry , refugee vetting can be instilled ... refugee resettlement. (Right now, all refugee applications are ...
(Date:4/13/2017)... , April 13, 2017 According to a new ... Authentication, Identity Analytics, Identity Administration, and Authorization), Service, Authentication Type, Deployment Mode, ... IAM Market is expected to grow from USD 14.30 Billion in 2017 ... (CAGR) of 17.3%. ... MarketsandMarkets Logo ...
Breaking Biology News(10 mins):
(Date:10/10/2017)... ... October 10, 2017 , ... Dr. Bob Harman, founder and ... San Diego Rotary Club. The event entitled “Stem Cells and Their ... 300+ attendees. Dr. Harman, DVM, MPVM was joined by two human doctors: Peter ...
(Date:10/10/2017)... (PRWEB) , ... October 10, 2017 , ... ... innovation and business process optimization firm for the life sciences and healthcare industries, ... conference in San Francisco. , The presentation, “Automating GxP Validation for Agile ...
(Date:10/9/2017)... ... 2017 , ... The award-winning American Farmer television series will feature 3 Bar ... Tuesdays at 8:30aET on RFD-TV. , With global population estimates nearing ten billion ... continue to feed a growing nation. At the same time, many of our valuable ...
(Date:10/9/2017)... , ... October 09, 2017 ... ... on October 5, 2017, in the medical journal, Epilepsia, Brain Sentinel’s SPEAC® ... gold standard, video EEG, in detecting generalized tonic-clonic seizures (GTCS) using surface ...
Breaking Biology Technology: