New report: US investment in health research remains stagnant

The U.S. public and private sectors invested $140.5 billion in 2010 on research to find new ways to treat, cure and prevent disease and disability, according to Research!America's latest annual estimate, available at http://www.researchamerica.org/uploads/healthdollar10.pdf.

Health research spending accounted for only 5.5% of the $2.6 trillion the U.S. spent on health care in 2010. as a percentage of has hovered around 5.5% since 2005, remaining essentially stagnant.

Investment in health research experienced only a 1% growth over 2009 levels, from $139 billion in 2009 to $140.5 billion in 2010. This small increase was not enough to keep pace with the rise in the cost of conducting health research.

"These findings are alarming," said Research!America's chair, former Congressman John E. Porter. "When health research funding stays flat, medical progress stalls, our innovation economy is affected and American jobs are lost."

Federal funding for research conducted by the National Institutes of Health in 2010 supported nearly 500,000 jobs and produced $68 billion in according to a report released earlier this year by United for (UMR).

"A nation receives great economic and from its investment in medical and health research," said Mary Woolley, president and CEO of Research!America. "Other nations have learned this lesson from the U.S. and are now outstripping us in the pace they are ramping up their investment."

"We urge President Obama to include sustained, strong investment in research as a core component of the jobs plan he will be introducing to the and the nation this evening," she added.

According to Research!America's 2010 U.S. Investment in Health Research report, industry was the largest source of health research funding in 2010 at $76.5 billion, which represents a 2.9% increase over 2009. Federal funding went from $46.8 billion in 2009 to $45.9 billion in 2010, experiencing a decrease. Health research spending at universities increased by 5.6% over 2009. Philanthropic investment in health research decreased by 19% over 2009. The voluntary health organization sector saw a decrease in health research spending of 13%.

add to favorites email to friend print save as pdf

Related Stories

Recommended for you

Cold cash just keeps washing in from ALS challenge

Aug 28, 2014

In the couple of hours it took an official from the ALS Association to return a reporter's call for comment, the group's ubiquitous "ice bucket challenge" had brought in a few million more dollars.

Medtronic spends $350M on another European deal

Aug 27, 2014

U.S. medical device maker Medtronic is building stronger ties to Europe, a couple months after announcing a $42.9 billion acquisition that involves moving its main executive offices across the Atlantic, where it can get a ...

Mind over matter for people with disabilities

Aug 26, 2014

People with serious physical disabilities are unable to do the everyday things that most of us take for granted despite having the will – and the brainpower – to do so. This is changing thanks to European ...

Ukraine's former world's tallest man dies

Aug 25, 2014

Ukraine's tallest man, who briefly held the world record but gave it up to live as a recluse, has died due to complications from the condition that saw him never stop growing, local media reported Monday.

User comments