Getting Research Dollars Requires More Strategy

Funding for the National Institutes of Health soared between 1998 and 2003, which created a gold-rush mentality in biomedicine. But it didn’t last. Since 2004, the NIH budget has dropped by more than 20 percent (not including federal stimulus money), according to an analysis by National Public Radio. As a result, universities have been left with empty laboratory space, increased competition for research dollars and an inevitable downsizing as some scientists leave the profession.

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