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An analysis of research papers has found that the National Institutes of Health (NIH) provided funding to the research of 210 new drugs that were approved from 2010 and 2016:
A new study makes a strong case for the importance of government support for basic research: Federally funded studies contributed to the science that underlies every one of the 210 new drugs approved between 2010 and 2016.
Researchers at Bentley University scoured millions of research papers for mentions of those 210 new molecular entities, or NMEs, as well as studies on their molecular targets. Then, they looked to see which of those studies had received any funding from the National Institutes of Health.
The authors say the study, published Monday in Proceedings of the National Academy of Sciences, is the first to capture the full scope of public funding behind FDA-approved drugs, both directly and indirectly. They also say it points to the need for continued federal funding for basic science — which the Trump administration has previously suggested slashing.
"Knowing the scale of the investment in the basic science leading to new medicines is critical to ensuring that there is adequate funding for a robust pipeline of new cures in the future," said Dr. Fred Ledley, one of the study's authors and a Bentley University researcher who studies the intersection of science and industry.
Contribution of NIH funding to new drug approvals 2010–2016 (open, DOI: 10.1073/pnas.1715368115) (DX)
(Score: 1, Insightful) by Anonymous Coward on Wednesday February 14 2018, @07:09PM (13 children)
I look forward to someone from Europe telling me how I personally should fix said system and also how their government funded lab of 3 grad student is of equal import as the NIH.
(Score: 5, Insightful) by NewNic on Wednesday February 14 2018, @07:24PM (8 children)
Socialize the losses, privatize the profits.
Until the idiots who keep supporting this idea get it out of their heads that policies that only benefit the super-wealthy don't actually benefit them, things will not change.
The US isn't a capitalist country: there is too much crony capitalism.
lib·er·tar·i·an·ism ˌlibərˈterēənizəm/ noun: Magical thinking that useful idiots mistake for serious political theory
(Score: -1, Troll) by Anonymous Coward on Wednesday February 14 2018, @07:39PM (6 children)
If you socialize the losses, that's theft.
If you socialize the profits, that's theft.
The problem is socializing; the problem is socialism; socialism is theft in every case.
(Score: -1, Offtopic) by Anonymous Coward on Wednesday February 14 2018, @08:19PM
Herpy derpy doooo!
I know, lets play 1-D CHESS!! Gotta give the troll a chance amirite?
(Score: 2) by MostCynical on Wednesday February 14 2018, @08:22PM (4 children)
Capitalize Everying! It Is The Only Way!
"I guess once you start doubting, there's no end to it." -Batou, Ghost in the Shell: Stand Alone Complex
(Score: 0) by Anonymous Coward on Wednesday February 14 2018, @08:27PM
A resource becomes "capital" when the ownership over that resources becomes well defined.
(Score: 5, Touché) by DannyB on Wednesday February 14 2018, @09:53PM (1 child)
THEN PEOPLE ACCUSE YOU OF SHOUTING EVEN WHEN YOU'RE SPEAKING NORMALLY.
To transfer files: right-click on file, pick Copy. Unplug mouse, plug mouse into other computer. Right-click, paste.
(Score: 2) by c0lo on Thursday February 15 2018, @03:57AM
+1 INFORMATIVE
https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford
(Score: -1, Redundant) by Anonymous Coward on Thursday February 15 2018, @12:56AM
OK, BUT I DON'T SEE HOW THAT IS GOING TO SOLVE ANYTHING. MAKES IT LOOK LIKE I AM SHOUTING.
(Score: 4, Interesting) by JoeMerchant on Wednesday February 14 2018, @11:03PM
I worked for almost 3 years for a company that was mostly funded by government grants, those grants paid for our efforts to commercialize an academic technology for clinical use. We spent about 6 months transforming the tech from MatLab and Fortran command line processing of data to a C++ based GUI application, we spent the balance of the time generating paperwork for the FDA to obtain permission to market. So, not only was the government paying the FDA to review our application (multiple times since they had a department policy of rejecting all first applications), but they were also paying us to prepare the applications for them.
🌻🌻 [google.com]
(Score: 0) by Anonymous Coward on Wednesday February 14 2018, @07:34PM
I hold stock in 2 pharmaceutical companies. Dividend checks from both come in quarterly. Thanks Chumps!
(Score: 3, Informative) by RedIsNotGreen on Wednesday February 14 2018, @08:10PM
Don't forget, if you want to read any of these studies, you'll probably have to pay journal fees, too!
(Score: 2) by frojack on Wednesday February 14 2018, @11:30PM
So shouldn't these drug formulas be immediately declared public domain, and generic manufacturers invited to bring down costs?
Certainly there must be something that can be done to shorten or invalidate a patent on US funded research!
No, you are mistaken. I've always had this sig.
(Score: 0) by Anonymous Coward on Thursday February 15 2018, @06:48AM
https://en.wikipedia.org/wiki/List_of_countries_by_research_and_development_spending [wikipedia.org]
I'm not sure. It seems that if you order this by chart, US is not exactly spending that much anyway. But yes, your system is fucked up. You are paying 5000% markup to pay for the commercials to sell you more of the crap you don't need, not for research ;) Enjoy your Viagra commercials.