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The Academy of Radiology Research featured in Nature Biotechnology journal
Date:6/9/2014

l scientific criteria that guide the way that we prioritize investments in medical research are important and time-tested," said Richard Ehman, MD, the report's co-author and president of the Society of Body Computed Tomography and Magnetic Resonance Imaging (SBCTMR). "But rates of invention and related outcome measures deserve to be considered as criteria that can help to identify areas of science such as in imaging research that demonstrate a strong return-on-investment."

The metrics examined in this report are receiving more attention from policymakers and other stakeholders, particularly in light of growing calls for the development of better evidenced-based budgeting in federal science programs.

"We in the science community should do more to satisfy the public interest in quantifying the impact of federally-funded medical research," said Cruea. "This study is a step towards evidence-based budgeting that satisfies the dual aim of translation to patient care and downstream economic development."

"This study underscores the far-reaching impact of robust public-private collaboration in biomedical imaging and bioengineering research," said Michael Harsh, vice president and chief technology officer for GE Healthcare. "American medical innovation relies in part on industry R&D coming alongside NIH, NIBIB, academia and clinical researchers to help increase quality, access and affordability in the healthcare space. Industry innovation leaders, like GE Healthcare, see value in this continuing collaboration as we look to bring groundbreaking discoveries to the clinical setting which ultimately impacts patient care."

Given the importance of hard data to reinforce the value of federal funding to NIH, the Academy is finalizing a follow-on analysis that looks at patent output through a number of additional metrics, such as by mechanism a
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Contact: Roxanne Yaghoubi
roxanne@acadrad.org
202-347-5872
Academy of Radiology Research
Source:Eurekalert

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