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Corporate Engagement

As Federal Grants Are Increasingly In Question, Private Funding Becomes More Attractive

Authors

  • Richard Massey

    Staff Writer TechPipeline

Summary

  • While Federal Funding Still Makes Up The Majority Of Research Dollars At Universities, Many Realize That It’s Time To Increase Focus On Private Investment.
  • The EPIC Act Has Bi-Partisan Support And Would Boost Small-Molecule Drug Development By Correcting The “Pill Penalty,, Though Its Passage Is Uncertain.
  • “Businesses Are Just As Interested In Conducting Basic Research As Universities Are. But They’re Not Funneling A Lot Of That Funding To Universities. They’re Conducting The Research Themselves.”
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