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Government expenditures

2014-3-26 21:51| view publisher: amanda| views: 1003| wiki(57883.com) 0 : 0

description: United States President Obama requested $147.696 billion for research and development (RD) in FY2011. Much of this spending is devoted to basic research on the mechanisms of disease, which acts as the ...
United States
President Obama requested $147.696 billion for research and development (R&D) in FY2011.[4] Much of this spending is devoted to basic research on the mechanisms of disease, which acts as the foundation for the pharmaceutical industry’s research where the Federal government supports graduate students and postdoctoral researchers in academic labs. On March 14, 2000, The United States and Britain signaled solidarity against the aspirations of private companies looking to profit from early discoveries in the race to map the basic human genetic code (DNA). Pharmaceutical companies also hired students as interns while they are still at under the Federally grant provisions of the University.

European Union
The funding from government organizations, like the European Union's Seventh Framework Program (FP7), and their alliance with R&D has made their research more efficient. However, government-funded research that paid for the work in discovering the human genetic code (DNA) has patent-restrictions.
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