Navigation Links
U.S. Invests $9.3 Billion in Research to Improve Health Globally
Date:10/4/2007

Eight Percent of U.S. Health Research Spending Goes to Global Health

ASPEN, Colo., Oct. 4 /PRNewswire-USNewswire/ -- Public and private sources in the U.S. invested $9.3 billion last year in global health research, according to a new report by Research!America. That amount represents 8% of the $116 billion that Research!America estimates U.S. sources spent overall on health research in 2006.

Mary Woolley, Research!America's president, announced the report's findings at the Aspen Health Forum today in Colorado. "From Research!America polls, we know Americans think that investing in global health research is the smart thing to do for America and the right thing to do for the world," she said. "This report reinforces the direction Americans want, to place a higher priority on research to fight and prevent diseases that chiefly affect the world's poorest people."

The report calculates 2006 U.S. investment in research designed to address health conditions that primarily affect the poorest residents of low- and middle-income countries. Funding sources from three sectors -- government, industry and foundations - were as follows:

-- U.S. government:

-- National Institutes of Health -- nearly $5 billion

-- U.S. Agency for International Development -- $152 million

-- Department of Defense -- $64 million

-- Department of State -- $39 million

-- Centers for Disease Control and Prevention -- $32 million

-- Pharmaceutical and biotech companies -- nearly $3.5 billion for

research, exclusive of donations of materials, facilities or

expertise for global health needs

-- Private foundations -- $592 million

"Only with strong, sustained investment in health and medical research can we address the humanitarian, economic and national security concerns within and beyond our borders," said The Honorable John Edward Porter, Research!America board chair and former U.S. Congressman. "Our nation must ramp up investment in global health research to help prevent the emergence and spread of diseases that could endanger American children and families."

About the Report

Research!America compiled the data for this report in consultation with the federal agencies cited, the Pharmaceutical Research and Manufacturers of America, the Foundation Center and the Bill & Melinda Gates Foundation. This report represents Research!America's second estimate of the nation's investment in global health research.

For the past decade, Research!America has tracked and analyzed funding sources that comprise the nation's investment in health research. In August, a separate Research!America report found that U.S. overall spending last year on health research was approximately $116 billion and grew a modest 4.2% from 2005 to 2006, much slower than the 6.8% growth in U.S. health costs.

About Research!America

Research!America is the nation's largest not-for-profit public education and advocacy alliance working to make research to improve health a higher national priority. Its 500 member organizations represent the voices of more than 125 million Americans. To read the global health R&D report, visit http://www.researchamerica.org.

Ms. Woolley is available for further comment.


'/>"/>
SOURCE Research!America
Copyright©2007 PR Newswire.
All rights reserved

Related medicine news :

1. IDFC Private Equity Invests Rs 90 Crore In Manipal Health Systems
2. Ontario Government Invests $200 Million on Colorectal Cancer Screening
3. Multi billion-dollar suit filed against cell phone firm for causing brain tumours
4. Healthcare sector is now a multi billion-dollar industry in India
5. Biotechnology industry expected to grow into a three billion dollar industry by 2002
6. European Countries To Fund $4 Billion For Vaccination For Poor Children’
7. Generic Drugs Usage In US Can Save $20 Billion – Express Script Surve
8. $35 billion needed globally for immunization
9. UK Spends ?7.3 Billion Annually On Malnutrition Cost
10. Indonesia urges a grant of $1 billion for bird flu
11. World Bank urges $ 1 billion to fight bird flu
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/6/2016)... , ... February 06, 2016 , ... ... of eating disorder treatment helps to reduce the frequency and level of relapse. ... Recovery Phase: Re-Establishing Healthy Identity and Purpose,” will explore the critical tasks of ...
(Date:2/5/2016)... Bethpage, NY (PRWEB) , ... February 05, 2016 , ... ... florist-quality long-stem roses in a variety of colors, assortments and packaging. This staple for ... at any King Kullen location. , For Valentine’s Day, not only are long-stem ...
(Date:2/5/2016)... & Salt Lake City, UT (PRWEB) , ... February 05, 2016 ... ... of Activz Whole-Food Nutrition , announced that the much-anticipated feature with author Jahnavi ... New Really Cool Humans Amateur TV Network. , Each week, on his weekly Whole-Food ...
(Date:2/5/2016)... , ... February 05, 2016 , ... The event is ... Day Block Event Center in Minneapolis, Minn. Triumph Over Parkinson’s will fund nearly $100,000 ... owner of Schneiderman’s Furniture, lives with Parkinson’s disease and is the architect of this ...
(Date:2/5/2016)... , ... February 05, 2016 , ... ... the addition of micro-needling services in their Napa Valley office. The technique utilizes ... Plastic Surgery Associates, Dr. Canales and Dr. Furnas, are part of only a ...
Breaking Medicine News(10 mins):
(Date:2/5/2016)... MELVILLE, N.Y. , Feb. 5, 2016  Henry ... of health care products and services to office-based dental, ... has entered into an agreement to acquire a majority ... dental supplies and equipment in Brazil ... Headquartered in Blumenau, Brazil, Dental Cremer is the dental ...
(Date:2/5/2016)... DUBLIN , Feb. 5, 2016 /PRNewswire/ ... the addition of the "Global Obstetrics ... company profile to their offering. ... addition of the "Global Obstetrics Partnering ... company profile to their offering. --> ...
(Date:2/4/2016)... Feb. 4, 2016  The Senior Care Pharmacy ... Reform Committee Chairman Jason Chaffetz (R-UT) ... today,s hearing , "Developments in the Prescription ... and growing questions about abusive pharmacy benefit manager ... (R-UT) and Ranking Member Elijah Cummings (D-MD) are ...
Breaking Medicine Technology: