Critics say NIH stung by budget proposal

Share this article:

The FDA is not the only health agency whose advocates are smarting from the White House's proposed FY 2015 budget, which starts in October.

Modern Healthcare reports that advocates for the National Institutes of Health find the 1% bump from FY 2014 an almost positive—the proposal gives the Institutes $30.2 billion to work with in 2015, which does not fully compensate for the $1.55 billion that the sequestration wiped from its budget in 2013.

Modern Healthcare also notes that the NIH's doing-more-with-less requirement includes operating with a 22% drop in terms of purchasing power since 2003, if considering inflation's impact on R&D costs.

Share this article:
You must be a registered member of MMM to post a comment.
close

Next Article in Business Briefs

Email Newsletters

MM&M EBOOK: PATIENT ACCESS

Patient access to pharmaceuticals is a tale of two worlds—affordability has improved for the majority, while the minority is hampered by cost, distribution and red tape. To provide marketers with a well-rounded perspective, MM&M presents this e-book chock full of key insights. Click here to access it.

More in Business Briefs

Monday Moves: September 15

Hires and promotions for manufacturers, regulatory and agencies

Kantar acquires Evidências, expands Brazilian presence

The company's acquisition signals the growing importance of understanding the Brazilian healthcare market and evidence-based healthcare management services.

Study says statins not enough for diabetic hearts

Researchers using an experimental test have discovered that the 50% of surveyed diabetics may also have undetected heart muscle damage.