Staying the Course in Health Research Funding

Health Research Funding

Healthcare research has produced some of the greatest medical discoveries. The United States partners with other countries to conduct global health research

The result has been to save millions of lives throughout the world. Health research funding is closely scrutinized and critics may tell you that the benefits do not outweigh the costs.

Researchers are sometimes very reliant on philanthropists to proceed with the innovative research said one of the otolaryngologists who had been participating in otolaryngology research. 

This is easily refuted, however when you consider that about 65 cents of every U.S. health care research dollar help create jobs and increase technological and research capacity for domestic researchers.

Funds From the US

Product developers also benefit when they can use medical research to help develop new drugs or equipment.

There are usually matching grant funds for every federal research dollar and these funds are used to make discoveries that allow U.S. health care researchers to remain at the forefront of biomedical research.

The world’s largest government healthcare research agency is the National Institutes of Health.

Their researchers are a critical part of developing research capacity and increasing scientific expertise worldwide.

The U.S. funds the research at NIH and this support results in discovering new cures for disease, preventing illness, and alleviating suffering.

The NIH states that for every one dollar of funding invested in NIH health care research, there are more than two dollars in return in just one year. Between 2000 and 2010, the U.S. contributed directly to 24 of the 45 medical and health products developed across the globe.

Among these were a new vaccine against meningitis, a new test for tuberculosis, and innovative therapies for treating HIV.

Quality Health Research by Funding

The American public recognizes the importance of quality health research funding and understands that these discoveries can help all of mankind.

man hand holding dollars

According to recent research by America, the majority of U.S. citizens also understand that healthcare research benefits the domestic economy through new jobs, new products, and increased expertise and capacity.

Conclusion

Today, every state receives some amount of funding for healthcare research. The NIH provides the majority of this funding, with other agencies also contributing.

The largest recipient of federal health care research funds is California which received more than $3B in 2010. New York is also a big player in the health care research arena, receiving more than $2B in funds in 2011. This money was used to support over 33,000 jobs in the life sciences in New York.

Cuts to biomedical and health care research could cause the U.S. to fall behind in the global race for medical discoveries. To retain our edge, the U.S. must continue to support health research funding.


Sharing is Caring – Share it with someone you care….

Posted

in

by

  • Goldco Review: Should you Invest with Goldco?

    Goldco Review: Should you Invest with Goldco?

    One of the most impressive and popular retirement investment options for people today is precious metals individual retirement accounts (IRAs). These accounts are impressive because they allow people to save towards their retirement in precious metals like gold, silver, palladium, and platinum. With this account, you can easily hold physical precious metals to ensure financial… READ MORE…

  • How Old is Yanni Monet?

    How Old is Yanni Monet?

    In the dynamic realm of social media, Yanni Monet has captivated audiences with her vibrant content and magnetic presence. A question that resonates among her growing fanbase is, “How old is Yanni Monet?” Born on July 24, 2003, this seemingly simple inquiry opens the door to unraveling the captivating journey of a TikTok sensation. In… READ MORE…

  • Eight Questions to Ask Your Hard Money Lender

    Eight Questions to Ask Your Hard Money Lender

    Securing funding from a hard money lender requires circumspection to avoid unfavorable loan provisions down the road. Due diligence on the front end equips borrowers with important clarity when considering hard money terms. This article provides 8 pivotal questions real estate investors and business owners should pose to potential hard money lenders during the negotiation… READ MORE…