Healthcare Finance News November 21, 2018
Jeff Lagasse

Industry, the federal government and the National Institutes of Health were all significant contributors to R&D spending from 2013 to 2017.

Total investment in medical and health research and development in the U.S. grew by 27 percent from 2013 to 2017, led by industry and the federal government, according to a new report from Research!America.

Industry accounted for 67 percent of total spending in 2017, followed by the federal government at 22 percent. The National Institutes of Health accounted for the lion’s share of federal spending in medical and health research in 2017 — $32.4 billion, or 82.1 percent.

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