Skimping on Research Funds

Research spending dropped $4 billion dollars in 2011, and could continue to drop, according to a new report.

By | October 26, 2012

Wikimedia, Argonne National LaboratoryThe amount of total money spent on biomedical and health research fell by $4 billion, or 3 percent, between 2010 and 2011, mostly due to large budget cuts from federal sources, with a total budget of around $136 billion, according to the 2011 U.S. Investment in Health Research report, released by Research!America yesterday (October 25). Pending budget cuts as a result of sequestration threaten to knockdown research spending by up to another 10 percent—or $13.6 billion dollars—in 2013.

“Insufficient funding, coupled with deep budget cuts under sequestration, could be devastating for research,” Research!America’s chair John E. Porter said in a press release. “Our global competitiveness hinges on a robust investment that will support bright scientific minds, create high-quality jobs and provide a catalyst for private sector innovation.”

The report found that the federal government contributed $39.5 billion in research funding last year, down 14 percent from the previous year’s $45.9 billion. Meanwhile, private industry funding increased by 1.4 percent from 2010, up to $77.6 billion in 2011, and university funding increased by 6 percent, up to $11.9 billion.

In contrast, the report points out that China has pledged to invest $308.5 billion in biotechnology research over the next 5 years. “As R&D spending abroad outpaces federal investments here at home, US companies will set up shop in countries with stronger policies to support research,” Mary Woolley, president and CEO of Research!America, said in a press statement. “We cannot afford to become complacent as cures for Alzheimer’s, cancer, heart disease, and other serious health threats remain a priority for every American.”  


Add a Comment

Avatar of: You



Sign In with your LabX Media Group Passport to leave a comment

Not a member? Register Now!

LabX Media Group Passport Logo


Avatar of: Paul Stein

Paul Stein

Posts: 164

October 26, 2012

How can China spend $308.5B on biotechnology research over the next five years?  It's called the massive imbalance of trade with the U.S. and the return of all of those thousands of Ph. D.'s and post-doctorate trained in the U.S.  Can you say, "We have met the enemy,  and he is us."?

Paul Stein

Thermo Scientific
Thermo Scientific

Popular Now

  1. Sex Differences in the Brain
    Features Sex Differences in the Brain

    How male and female brains diverge is a hotly debated topic, but the study of model organisms points to differences that cannot be ignored.

  2. Brain Gain
    Features Brain Gain

    Young neurons in the adult human brain are likely critical to its function.

  3. DNA Repair Pioneers Win Nobel
    Daily News DNA Repair Pioneers Win Nobel

    Tomas Lindahl, Paul Modrich, and Aziz Sancar have won this year’s Nobel Prize in Chemistry for their work elucidating mechanisms of DNA repair.

  4. Antiparasite Drug Developers Win Nobel
    Daily News Antiparasite Drug Developers Win Nobel

    William Campbell, Satoshi Omura, and Youyou Tu have won this year’s Nobel Prize in Physiology or Medicine in recognition of their contributions to antiparasitic drug development.

Life Technologies