U.S. no longer leads world in biomedical research funding

January 3, 2014 1:46 AM

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U.S. no longer leads world in biomedical research funding

Jan. 2, 2014 at 8:45 PM   |   0 comments

The study, published in the New England Journal of Medicine, found U.S. research and development spending dropped from $131 billion to $119 billion, when adjusted for inflation, from 2007 to 2012, while Japan increased spending by $9 billion and China increased by $6.4 billion.

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