American Cancer Society plans to double research budget in five years

Share on facebook
Share on twitter
Share on linkedin
Share on email
Share on print

THE AMERICAN CANCER SOCIETY plans to double its annual funding for research by 2021. The society made the announcement in conjunction with Vice President Biden’s National Cancer Moonshot Summit at Howard University in Washington, D.C.

ACS plans to increase its annual research investment to approximately $240 million by 2021. The organization currently spends about $100 million per year in new grants to academic research institutions and another $15 to $20 million annually in research by ACS investigators in cancer epidemiology, surveillance and health services, behavioral research, and economics and health policy.

ACS has invested $4.5 billion in research since 1946. According to the society, 47 of its funded researchers have won Nobel Prizes for their work.

YOU MAY BE INTERESTED IN

By law, the Food and Drug Administration is required to determine whether a drug, device, biologic, or medical device is “safe and effective.” But the FDA determination does not control whether the Centers for Medicare & Medicaid Services will pay for it.  To satisfy CMS, medical products and services must be “reasonable and necessary,” meaning...

As a radiation oncologist, I am struck by how often the decisive variable in lung cancer is not the sophistication of our therapy, but the timing of our encounter with the disease.  The American Cancer Society projects 618,120 cancer deaths in the United States in 2025, with lung cancer remaining as the single largest contributor,...

Never miss an issue!

Get alerts for our award-winning coverage in your inbox.

Login