New FASEB Factsheet Promotes the Value of Federally Funded Research
Date: May 28, 2013
The Federation of American Societies for Experimental Biology (FASEB) has released a new factsheet highlighting the value that federally funded biomedical and biological research provides to the American public as well as the private sector. The factsheet provides specific examples of National Institutes of Health (NIH) and National Science Foundation (NSF) funded research that has led to improved health, a strengthened U.S. economy, and the development of new technologies, products, and industries. It also notes that the private sector depends on federal funding for basic research to create the knowledge necessary to support applied research.