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14 Feb 2011

Many New Drugs Spawned from Publicly-funded Research

A study counts 153 new drugs and vaccines from public sector research institutes over the past 40 years.

A study in the New England Journal of Medicine determined that publicly financed research programs have spawned 153 new therapeutic entities over the past forty years, breaking it down to 93 small-molecule therapies, 36 biologicals, 15 vaccines, eight diagnostic tools and one OTC drug.

 

"Not only do federal funding programs, such as those from the National Institutes of Health and the National Science Foundation, advance the scientific knowledge base of the country, but they contribute practical adva

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