Today, at the National Institutes of Health (NIH), President Obama announced that the Administration has released nearly half ($5 billion) of the funding provided the NIH in the American Recovery and Reinvestment Act (ARRA). To date, the University of Washington has drawn roughly $40 million in ARRA NIH awards.
President Obama stated that the more than 12,000 grants awarded at NIH would “support cutting-edge medical research in every state across America.” He added, “We know that this kind of investment will also lead to new jobs: tens of thousands of jobs conducting research, manufacturing and supplying medical equipment, and building and modernizing laboratories and research facilities.”