September 30, 2009
President Obama Marks Midway Point of NIH Recovery Act Awards
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.”