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Biomedical Research: Med Schools Receive Hughes Windfall

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Science  12 Jan 1996:
Vol. 271, Issue 5246, pp. 138
DOI: 10.1126/science.271.5246.138

Summary

The Howard Hughes Medical Institute is providing grants worth a total of $80 million to 30 U.S. medical schools to shore up their capacity for doing biomedical research. Medical schools have been hit by shrinking federal grants and limits on health insurance coverage, while Hughes's $8 billion endowment has benefited from the stock market boom of 1995. The grants will channel some of that windfall into making sure that medical schools remain at the cutting edge of research.