Money Matters

Science  28 May 2004:
Vol. 304, Issue 5675, pp. 1241
DOI: 10.1126/science.304.5675.1241c

Feeling flush. Three years after cutting back on research funding, the Howard Hughes Medical Institute (HHMI) is looking to expand again. This month, it announced plans to add between 30 and 50 biomedical scientists to its current roster of 318 investigators by inviting 200 institutions to nominate candidates.

The new class, the first since 2000, would add roughly $50 million a year to HHMI's annual budget of $500 million, says spokesperson Avice Meehan. Last week, Hughes also awarded $49.7 million to 42 predominantly undergraduate U.S. institutions to develop new courses, train postdoctoral researchers as teachers, and offer research experiences to disadvantaged students.

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