Financial Anatomy of Biomedical Research
JAMAPublished 20 September 2005
Hamilton Moses, E. Ray Dorsey, David H. M. Matheson, Samuel O. Thier
Citations449
SJR quartileQ1
SJR score5.35
SNIP10.71
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TL;DR
Funding trends from 1994 to 2004 of basic, translational, and clinical biomedical research by principal sponsors based in the United States are quantified, requiring more effective translation of basic scientific knowledge to clinical application and critical appraisal of rapidly moving scientific areas.
Abstract
Enhancing research productivity and evaluation of benefit are pressing challenges, requiring (1) more effective translation of basic scientific knowledge to clinical application; (2) critical appraisal of rapidly moving scientific areas to guide investment where clinical need is greatest, not only where commercial opportunity is currently perceived; and (3) more specific information about sources and uses of research funds than is generally available to allow informed investment decisions. Responsibility falls on industry, government, and foundations to bring these changes about with a longer-term view of research value.
Keywords
MedicineEconomics, Econometrics and Finance
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