Science Market Update

$47M in Life Science Funding Awarded to Duke Translational Medicine

Written by Jennifer Nieuwkerk | Wed, Oct 23, 2013

The Duke Translational Medicine Institute at Duke University was recently awarded a five-year grant worth over $47 million by the NIH. The life science funding will go towards bringing biomedical research advances to patients. According to the Duke University news page, the Duke Translational Medicine Institute is Duke’s academic base for its clinical and translational research community where training in clinical and translational research is provided.

“Duke’s successful renewal of the CTSA means that now we can provide more resources for our scientists and clinicians as they work to translate laboratory discoveries into innovative treatments,” said Nancy C. Andrews, M.D., Ph.D., and dean of the Duke University School of Medicine. “Federal funding is absolutely essential if we are going to improve how we care for patients in our country, so I am particularly pleased to see this level of funding from the NIH to support research.”

The Clinical and Translational Science Awards are given out through a program at the NIH’s National Center for Advancing Translational Sciences. This program supports the infrastructure of researchers and clinical trials. The life science research funding will also go towards training young researchers and sharing results with over 60 other leading research centers and institutes across the country.

 

Duke University

Image courtesy of Wikimedia Commons

 

“Our vision is to create a research environment at Duke that links discovery science with a creative engine that can accelerate the development of new technologies based on scientific merit and societal need to improve public health through implementation of effective therapies,” said principle investigator Robert Califf, M.D., director of the Duke Translational Medicine Institute and vice chancellor of Clinical and Translational Research. “With the renewal of the CTSA grant, we have the resources that can help us continue to realize that goal.”

Lab suppliers interested in universities with available life science research funding will find that Duke University is a very well-funded market. Duke University received $355.6 million in life science funding from the NIH in 2012. A full list of life science departments receiving NIH funding can be found on the NIH website. In addition to receiving life science research funding from the NIH, Duke University also received $46 million from the NSF in 2012.

In light of this most recent $47 million award and other NIH and NSF life science funding statistics, lab suppliers may be interested in exhibiting at Duke University life science events. If you are a lab supplier working to meet researchers and lab managers at Duke University, Biotechnology Calendar, Inc. invites you to attend our annual Duke BioResearch Product Faire™ Event.

Biotechnology Calendar, Inc. is a full-service science research marketing and events-planning company that has been organizing life science events at top research universities across the country for 20 years. If you are interested in working towards lab sales and marketing at life science events closer to home, we encourage you to view our 2014 calendar of events. For more funding statistics on Duke University, or to learn more about the Duke BioResearch Product Faire™ Event, click on the button below.