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Money for Biomedical Research Cut in Recent Years
Date:1/15/2010

l devices approved by the U.S. Food and Drug Administration.

"Biomedical research is valued highly by individuals, governments, foundations and corporations. Research is seen as a source of more effective treatments and preventive measures and as a route to political policy, economic development, and new commercial products," the study authors wrote.

"While the promise of new drugs for refractory common or devastating diseases continues to capture the public's imagination and enjoys strong support, policy makers are also aware that new beneficial technology often spawns new cost. Consequently, timely and accurate information about the sources of public and private research funds is important," they added.

The study is published in the Jan. 13 issue of the Journal of the American Medical Association.

More information

The National Association for Biomedical Research has more about the benefits of biomedical research.



-- Robert Preidt



SOURCE: Journal of the American Medical Association, news release, Jan. 12, 2010


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