Cancer Research to be Better Funded?
Referencing our previous post, “The Need to Continue Funding for Cancer Compounds” about cancer drugs in development … President Barack Obama recently announced a plan to spend $5 B on medical and scientific research, medical supplies and upgrading laboratory capacity.
The funds, to come from the $787 B economic stimulus package will “pay” for cutting-edge medical research in every state across America. Could we assume that the word ”pay” might equate to “investment”? $1 B will go to research into the genetic causes of cancer and potential targeted treatments. Obama also promised a large infusion of funds into research on autism, which affects an estimated 1 in 150 U.S. children. “This kind of investment will also lead to new jobs: tens of thousands of jobs conducting research, manufacturing and supplying medical equipment, and building and modernizing laboratories and research facilities,” Obama said in a speech at the National Institutes of Health outside Washington. The more than 12,000 grant awards are part of an overall $100 B Recovery Act investment. (Reuters)
