Life Sciences Group Seeks More NIH Funds
The Massachusetts Life Science Center Collaborative, a coalition of industry and academiac leaders, is asking the state's U.S. representatives and senators to add more funding for the National Institutes of Health to any upcoming economic stimulus package that comes before them.
A letter from the collaborative states that its members believe additional funding would have "near immediate economic impact not only here in Massachusetts but in regions throughout the United States." It goes on to say that each NIH dollar is doubled in economic output, pointing to the NIH research budget of $22.8 billion in 2007, which had an economic impact of $50.5 billion.
NIH funding has been flat for the last few years, and many researchers and life sciences leaders have said the lack of funding is driving younger scientists away from biotechnology and drug research.
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