Business

America’s Biggest Biotech Angel

The NIH’s Billion Dollar Annual Boost to US Biotech Ecosystems

John G Younger
Jul 23 · 10 min read

The US National Institutes of Health (NIH) are the largest public supporter of basic life science in the world.

With an FY2020 budget of $42 billion, most of their expenditures are university grants supporting either new discoveries or early-state clinical studies of promising treatments and diagnostic tests.