Home > Research Impact and Quality, Returns on R and D Investments > Biomedical bust: The Scientist [12th January 2010]

Biomedical bust: The Scientist [12th January 2010]

via Biomedical bust: The Scientist [12th January 2010].

Not good news from the US – especially for those hoping for breakthrough treatments for difficult disorders.

Money quote:

It’s not just the growth rate of biomedical funding that’s slowing; the total number of dollars seems to be decreasing as well, says a study in this week’s Journal of the American Medical Association.
To make matters worse, the funding downturn also corresponds to one of the biomedical industry’s most stagnant periods in productivity, measured by the number of new drugs approved by the US Food and Drug Administration, the report notes.

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