I've recently been inspired by a series of events, programs, and speeches on the importance of the discovery side of our industry.
Over the summer, hundreds of individuals raised nearly $1 million in one week to save the laboratory site of Nikola Tesla,
the late physicist and engineer whose work in the late 1800s and early 1900s formed the foundation for wireless and X-ray
technology. The funds are to be used to purchase the land where Tesla worked and to build a museum in his honor. The initiative
taken by donors to keep a scientific legend's work alive is quite moving.
New legendary scientists are being discovered every day. In mid-September, I was lucky to be able to attend the PhRMA Research
& Hope Awards ceremony in Washington, DC, where nine individuals were honored for their work in the fight against Alzheimer's
disease, a disease that is not only plaguing healthcare systems and distressing caregivers worldwide, but that also presents
complex scientific challenges.
Also in September, 10 major biopharmaceutical companies formed TransCelerate BioPharma, a nonprofit aimed at accelerating
the development of new medicines, with an initial focus on clinical trial execution. This month, I will be meeting the recipients
of the AAPS Graduate Student, Innovation, and Research Achievement awards in Chicago. The recipients of the awards are dedicating
their studies to improving pharma analysis, formulation design, drug delivery, product performance, and more.
All of the individuals working to identify new disease diagnostics and therapeutics, whether or not they are recognized on
the global stage, serve as the backbone to this industry. For without new products to manufacture, where would we be?
Just where R&D lies in America's future may very well depend on federal spending and support. With the US presidential election
around the corner, I thought it important to examine where the country's candidates stand on this issue. Here are a few goals
from Obama's court based on the FY2013 presidential budget proposal, which calls for $140.8 billion in overall federal R&D
spending, an increase of $2 billion over the FY2012 enacted level:
- Enhance innovation in the manufacturing sector by supporting investment in new products, processes, and industries, and
in cross-cutting technologies
- At NIH, level funding for biomedical research ($30.7 billion); focus more on translational studies; and aim to up the number
of new research grants by 7%
- Provide $2.2 billion for federal advanced manufacturing R&D (including biomanufacturing) at the National Science Foundation,
and 23 other agencies, a 19% increase over 2012
- Improve the patent system (including by speeding reviews) and protect IP.
Both President Obama and Governor Romney support basic stem-cell research (in addition, Obama removed the federal funding
ban on broader embryonic stem-cell research in 2009), and both candidates support making the research and experimentation
tax credit permanent.
Romney's official website includes his plan for American jobs and economic growth. The 160-page document includes language
on R&D and basic research, but that language largely focuses on clean energy spending and technologies. The core policy sections
of Romney's plan—tax, regulation, trade, energy, labor, human capital, and fiscal management—do not include medical research
or science policy (other than from an educational standpoint), and my email request to the Romney campaign team about his
take on NIH and FDA spending was not answered. Media reports from earlier this year note that Romney would like to shrink
the NIH biomedical budget, but it's important to note that, as governor of Massachusetts, he did support the state's biotech
It will be interesting to see how the winning candidate's goals are carried out given that Congress largely controls the final
federal budget. Let's hope that, no matter how Election Day turns out, that R&D still has a significant role.
Angie Drakulich is the editorial director of BioPharm International.