ARTICLE | Finance

Public Funding Notebook: Small change for NIH

Public Funding Notebook 4Q14

January 22, 2015 8:00 AM UTC

NIH has released data on grants awarded in FY14, and the numbers suggest that in a year in which the private sector saw money start to flow freely with a surge of biotech IPOs, it was pretty much business as usual for public funding in biomedical research.

The trends of recent years remain largely the same. Research project grant applications remain high, just shy of their record FY12 numbers, and up 28% over a decade ago. Less than a quarter of applications were funded, although total award numbers are up 11% from FY13...