Published in Health News
23 January 2011
WASHINGTON, Jan. 23 (UPI) — The U.S. government is establishing a drug development center to take up the slack from fading private research, top officials say.
Dr. Francis Collins, director of the National Institutes of Health, told The New York Times the pharmaceutical industry’s research productivity has been declining for 15 years, “and it certainly doesn’t show any signs of turning upward.”
Many large drug firms, failing to find enough new medicines, are cutting back research. Discoveries that once would have led to clinical trials are going unexplored as they lose the will and the resources for the effort.