At Science Progress, Andrew Plemmons Pratt argues that "an investment in NIH is an investment in the health, wealth, and security of the whole nation." He points out that about two dozen US governors have written a letter in support of NIH funding, saying that their states receive $19 billion in NIH funding and that, across the country, NIH funds support about 350,000 jobs. NIH's main contribution, though, is advances in health — and that leads to economic advances as well, Pratt says. One group, United for Medical Research, estimates that $1 of NIH investment leads to more than $2 in economic benefits and that about half of biotech companies are founded on ideas that stem from NIH-funded work, he adds.
Help NIH, Help the Country
Apr 21, 2010