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2005: Financial Anatomy of Biomedical Research. JAMA 2005
U.S. medical research funding doubled to $94.3 billion from 1994 to 2003
Expenditures of major sponsors of research:
4 industry
Parents
Expenditures of major sponsors of research:
Children
From $26.8 billion in 1994 to $54.1 billion in 2003.
Industry contributes 57% of biomedical research expenditures
Overall industry spending on drug, biotechnology and medical device research increased by 102%,