Aging report

In the United States, the most recent data from 2003[1] suggest that about 94 billion dollars were provided for biomedical research in the United States. The National Institutes of Health and pharmaceutical companies collectively contribute 26.4 billion dollars and 27.0 billion dollars, respectively, which constitute 28% and 29% of the total, respectively. Other significant contributors include biotechnology companies (17.9 billion dollars, 19% of total), medical device companies (9.2 billion dollars, 10% of total), other federal sources, and state and local governments. Foundations and charities, led by the Bill and Melinda Gates Foundation, contributed about 3% of the funding.

In 1994, $32.9 billion went into biomedical research, with federal and state government providing $14.6 billion -- $10.3 billion from NIH alone -- and $17.1 billion from private sector funds, including pharmaceutical companies and charities. Another $500 million is provided by private foundations, with the Howard Hughes Medical Institute offering $258 million.