NIH's Efforts To Spur New Drug Research

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NIH's Efforts To Spur New Drug Research, Wall Street Journal Examines

http://www.medicalnewstoday.com/medicalnews.php?newsid=26455

"The Wall Street Journal on Tuesday examined how the US federal government is "trying to lure pharmaceutical companies" into investing resources in the development of breakthrough drugs by "offering to pay for and carry out early clinical trials" of the medicines. According to the Journal, there is a "dearth" of breakthrough drugs for conditions that doctors have long had trouble treating, in part because pharmaceutical companies are reluctant to invest in "promising but untested ideas" developed by academics. To address the issue, NIH is investing $13 million in an "unusual effort" that is "expanding its role" from "cutting checks to universities for basic research to more broadly identifying and fixing structural problems in U.S. medical research that impede advancements in science," the Journal reports.

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Government to fund new drug research
http://news.webindia123.com/news/showdetails.asp?id=90386&n_date=20050621&cat=Science