Estimating the payoffs from cardiovascular disease research in Canada: an economic analysis.

ABSTRACT:

Background

Investments in medical research can result in health improvements, reductions in health expenditures and secondary economic benefits. These "returns" have not been quantified in Canada. Our objective was to estimate the return on cardiovascular disease research funded by public or charitable organizations.

Methods

Our primary outcome was the internal rate of return on cardiovascular disease research funded by public or charitable sources. The internal rate of return is the annual monetary benefit to the economy for each dollar invested in cardiovascular disease research. Calculation of the internal rate of return involved the following: measuring expenditures on cardiovascular disease research, estimating the health gains accrued from new treatments for cardiovasc

SUBMITTER: de Oliveira C 

PROVIDER: S-EPMC3986018 | biostudies-literature | 2013 May

REPOSITORIES: biostudies-literature