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American Cancer Society plans to double research budget in five years

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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.

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