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Analysis shows return on investment for global health R&D
Research and development for new health technologies are essential to solving the world's greatest global health challenges, according to the Global Health Technologies Coalition (GHTC). A set of infographics available to download on the organization's website illustrates the impact of global health R&D investments , the funding and pipeline of products for neglected diseases, and the ongoing need for development of new technologies.
Courtesy of the Global Health Technologies Coalition
Read the full text of the chart, Critical US role in global health R&D .
Support for R&D has a multiplier effect, the GHTC notes, not only saving and improving lives, but also reducing costs, encouraging economic growth and enhancing global security. “Investment in global health R&D drives job creation, spurs business activity and benefits academic institutions: nearly 64 cents of every U.S. dollar spent on global health R&D goes directly to U.S.-based researchers,” the website reports.
U.S.-funded global health research has supported such breakthroughs as antiretroviral drugs for HIV/AIDS, improved diagnostics for infectious diseases, new contraceptive technologies and a new vaccine to combat malaria.
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Text of the chart "Critical US role in global health R&D":
- 55 percent of products in the global pipeline are supported by the US government
- 45 percent of total investment in global health R&D (public, private, philanthropic) is contributed by the US government
- 70 percent of public sector investment in global health R&D is contributed by the US government
- Less than .01 percent of US GDP is spent annually on global health R&D
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