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:9/22/2017)... IL (PRWEB) , ... September 22, 2017 , ... Pullano ... attorney Richard L. Pullano has been selected to serve as President of ... 50th President at the Installation and Award Dinner hosted by the NSBA at the ...
(Date:9/22/2017)... ... September 22, 2017 , ... "Success Files," a ... of Alzheimer’s. Alzheimer’s is a disease estimated to affect the lives of more ... by the Alzheimer’s Association, a leading voice in the fight for cure and ...
(Date:9/22/2017)... ... 22, 2017 , ... The freshly released app Smart Mart ... Smart Mart, customers can now order vegetable, fruit, snacks, dairy, or any eatables. ... clothing at discounted prices. Apart from this, Smart Mart has emphasized upon their ...
(Date:9/21/2017)... ... September 21, 2017 , ... 38-Year-Old Plastic Surgeon Gill at Aesthetic ... Florida is pleased to announce that Plastic Surgeon Kiranjeet Gill has been awarded as ... is an annual award that was started in 2003 to salute young achievers ...
(Date:9/21/2017)... , ... September 21, 2017 , ... ... FDAnews Management Report**, http://www.fdanews.com/products/54818-promotional-communication      , In the competitive world of drug ... get while staying in compliance with FDA rules. , The FDA has issued ...
Breaking Medicine News(10 mins):
(Date:9/5/2017)... 2017  Getinge, a leading global provider of ... donation program -- "Color for the Kids!" -- ... research by The Children,s Heart Foundation. Pediatric patients ... are encouraged to download a coloring picture at ... to the gallery on the website. For each ...
(Date:9/5/2017)... Oramed Pharmaceuticals Inc. (NASDAQ: ORMP ) (TASE: ... on the development of oral drug delivery systems, announced ... the U.S. Food and Drug Administration (FDA) regarding ORMD-0801, ... At the meeting, the FDA gave ... ORMD-0801, would be a Biologics License Application (BLA).  Such ...
(Date:9/1/2017)... -- Explorers Like Us ( https://explorerslikeus.com/ ) is embarking on "An ... deliver these experiences as part of Life Environments™, a new ... better. ... nothing beats a walk, jog or simply playing in a ... the next best thing when getting there isn’t possible. Life ...
Breaking Medicine Technology: