Posted on 03/27/2020 8:14:09 AM PDT by Hojczyk
Expert warned agency as much as 87.5 percent of biomedical research was wasteful.
On a steamy summer day inside the lecture auditorium of the storied National Institutes of Health headquarters, Dr. Michael Bracken delivered a stark message to an audience that dedicated its life, and owed its living, to medical research.
As much as 87.5% of biomedical research is wasted or inefficient, the respected Yale University epidemiologist declared in a sobering assessment for a federal research agency that spends about $40 billion a year on medical studies.
He backed his staggering statistic with these additional stats: 50 out of every 100 medical studies fail to produce published findings, and half of those that do publish have serious design flaws. And those that arent flawed and manage to publish are often needlessly redundant.
But at some point if America is to learn from this crisis the policymakers and NIH overseers will need to address the clarion warning that Dr. Bracken made four years ago inside Uncle Sams most prestigious medical research institution.
His assessment if true would mean that $30 billion or more of NIHs annual funding is wasted, inefficient, redundant, or flawed.
(Excerpt) Read more at justthenews.com ...
If only gas station ice machines and coolers were invented back then, just think of all the leftovers you could have saved.
Just more evidence that government is wasteful. For profit companies would never waste these kinds of dollars. Mystifying that in the face of insurmountable evidence of waste fraud and abuse, Democrats continue to think Government is the answer.
John Solomom and Just the News helping to save America from itself.
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Who is John Solomon and what is “Just the News”?
St. Fauci and his DEMOCRAT WIFE are both at NIH!!!
MORE TRUTH from John Solomon!! He doesn’t worship Golden Calfs like Fauci!
Do a search for Fauci, Event 201 and Bill Gates for their mRNA-1273 vaccine. Follow the money and youll see why they oppose the hydroxycholoquine treatment.
I’m sorry, I thought most people watched Sean Hannity, Lou Dobbs, One America News, and other conservative publications.
Solomon is an investigative reporter who is trusted by the good guys in the governmental agencies and he uncovers much of the bad behavior.
He started Just the News as a place to compete with the Politicals, Axioses, HuffPosts, NYT, WaPo etc.
This is certainly not a surprise. It’s extraordinary that we would read something like this and not be surprised, yet that is the reality of massive bureaucracies and what we have come to expect.
Failures that become known also help in the knowledge base - especially if they were meticulous so you can see why it failed, or what it was unable to distinguish that it ‘should’ have.
That said, there is still a lot of stuff which should be way down the priority list that continues to get a lot of attention and funding.
John Solomon - formerly with The Hill.
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