Medical Research, what’s it worth? : estimating the economic benefits from medical research in the UK : briefing document.

Date:
2014
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Medical Research, what’s it worth? : estimating the economic benefits from medical research in the UK : briefing document. Attribution 4.0 International (CC BY 4.0). Source: Wellcome Collection.

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Description

Following a study published in 2008 which yielded the first quantitative assessment of the economic benefit of biomedical and health science in the UK, this new study was commissioned to develop the methodology and calculate the economic benefits of investment in cancer-related research by the taxpayer and charities in the UK. The results of this study strongly suggest that biomedical research provides a sizeable return on investment.

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London : Wellcome Trust, 2014.

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1 online resource.

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Notes

"The 2014 Medical Research: What’s it worth? study was carried out by researchers from RAND Europe, the Health Economics Research Group at Brunel University and King’s College London. It was commissioned by the Academy of Medical Sciences, Cancer Research UK, the Department of Health and the Wellcome Trust" -- introduction.

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