‘Looming crisis’ from NIH budget by Ted Agres:
The scientists released a report prepared by 20 leading researchers from a consortium of nine academic institutions and universities, that outlines the benefits of increased NIH funding on biomedical innovations, and warns of the negative implications should the present budget be left unaddressed. The report cited threats from unexpected new diseases, such as SARS and pandemic influenza, as well as obesity, HIV, and bioterrorism.
While Congress and the White House doubled NIH’s budget from 1998 to 2003, funding has failed to keep pace with inflation. NIH’s budget has hovered at around $28 billion, but once inflation is factored in, its purchasing power has fallen 13% over the past four years. According to the report, an average of eight out of ten NIH grant applications currently go unfunded, while at the National Cancer Institute, only 11 percent of grants are funded. “This is a recipe for disaster,” Miller said. “The number of termination letters at Johns Hopkins is up three-fold.”
Related: Science and Engineering in Global Economics – Basic Science Research Funding Globally – Research and Development Spending at USA Universities – Science Research and International Policy
