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:6/16/2016)... SAN FRANCISCO , June 16, 2016 /PRNewswire/ ... Market size is expected to reach USD ... report by Grand View Research, Inc. Technological proliferation ... and banking applications are expected to drive the ... ) , The development of ...
(Date:6/3/2016)... 2016 Das DOTM ... Nepal hat ein 44 Millionen ... Kennzeichen, einschließlich Personalisierung, Registrierung und IT-Infrastruktur, an ... und Implementierung von Identitätsmanagementlösungen. Zahlreiche renommierte internationale ... teilgenommen, aber Decatur wurde als konformste und ...
(Date:5/24/2016)... Ampronix facilitates superior patient care by providing unparalleled technology to leaders of the medical ... premium product recently added to the range of products distributed by Ampronix. ... ... ... Ampronix News ...
Breaking Biology News(10 mins):
(Date:6/23/2016)... , June 23, 2016 /PRNewswire/ - FACIT ... Ontario biotechnology company, Propellon Therapeutics ... development and commercialization of a portfolio of first-in-class ... Epigenetic targets such as WDR5 represent an exciting ... significantly in precision medicine for cancer patients. Substantial ...
(Date:6/23/2016)... HOUSTON , June 23, 2016 ... agreement with the Cy-Fair Sports Association to serve ... of the agreement, Houston Methodist Willowbrook will provide ... education and connectivity with association coaches, volunteers, athletes ... partner with the Cy-Fair Sports Association and to ...
(Date:6/23/2016)... -- The Prostate Cancer Foundation (PCF) is pleased to announce 24 new ... prostate cancer. Members of the Class of 2016 were selected from a pool ... Read More About the Class of 2016 PCF Young Investigators ... ... ...
(Date:6/23/2016)... --  EpiBiome , a precision microbiome engineering company, today ... from Silicon Valley Bank (SVB). The financing will allow ... drug development efforts, as well as purchase additional lab ... been an incredible strategic partner to us – one ... provide," said Dr. Aeron Tynes Hammack , EpiBiome,s ...
Breaking Biology Technology: