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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, Informative) by Anonymous Coward on Thursday February 15 2018, @06:56AM (1 child)
No. Government funded research is not focused on revenue projections in the next 10 quarters. It's called basic research. What companies fund is applied science. You need the first to get the 2nd. Without someone funding basic research, you are stuck with no building blocks for your applied science funded by companies.
Who the fuck would fund CERN if not governments? Who would fund ITER? Or things like Hubble??? There is no application for any of these for decades. Decisions makers today will be long dead before any applied science can be derived from this stuff.
(Score: 1) by khallow on Thursday February 15 2018, @04:52PM
It's the next election cycle instead.