NIH funding helps generate private-sector patents
Thursday, March 30, 2017 - 15:31
in Mathematics & Economics
Research grants issued by the National Institutes of Health (NIH) contribute to a significant number of private-sector patents in biomedicine, according to a new study. The study examines 27 years of data and finds that 31 percent of NIH grants, which are publicly funded, produce articles that are later cited by patents in the biomedical sector.