NIH grants powered $94B in economic activity in 2024 and supported more than 400K jobs: report

Funding granted to researchers by the National Institutes of Health powered $94.58 billion in economic activity across the U.S. in 2024, according to an annual report published March 11 by biomedical research advocacy organization United for Medical Research. The number was a $1.68 billion increase from the prior year.

Mar 11, 2025 - 19:35
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NIH grants powered $94B in economic activity in 2024 and supported more than 400K jobs: report
Funding granted to researchers by the National Institutes of Health powered $94.58 billion in economic activity across the U.S. in 2024, according to an annual report published March 11 by biomedical research advocacy organization United for Medical Research. The number was a $1.68 billion increase from the prior year.