May 27, 2012 12:06 am <\/p>\n
By Steve Twedt\/Pittsburgh Post-Gazette <\/p>\n
The life of a medical researcher can be both rewarding and solitary, with the rewards often coming in breakthrough scientific discoveries made after long hours alone in a laboratory. <\/p>\n
Beginning July 1, medical research will be slightly less rewarding -- at least financially -- for faculty at the University of Pittsburgh's School of Medicine. <\/p>\n
In a memo sent to department chairs, directors and faculty at the school this spring, the dean, Arthur S. Levine, cited economic conditions as the reason the school will reduce an incentive payment based on researchers' outside grants from 10 percent to 8 percent, while also instituting a $50,000 minimum in outside grant money for researchers to qualify for the incentives. <\/p>\n
\"As you know, we find ourselves in difficult financial times and need to take such actions as these to maintain operational viability,\" stated the memo, a copy of which was provided to the Post-Gazette. <\/p>\n
The amounts that the researchers will lose will vary widely, since it is a percentage of whatever grants they receive, although Dr. Levine downplayed its significance in a phone interview. <\/p>\n
\"We're talking about tiny amounts. This isn't going to be a threat to anybody,\" he said. <\/p>\n
The real story, he said, is the larger funding picture and specifically the sluggish national economy that is drying up funding for basic research. <\/p>\n
At one time, at least 35 percent of grant applications to the National Institutes of Health were funded, said Dr. Levine, who worked at NIH before coming to Pitt. Currently the grant success rate is 17 percent, and he expects it may fall to 12 percent or 13 percent next year. \"We're all victims of the same bad economy.\" <\/p>\n<\/p>\n
Originally posted here: May 27, 2012 12:06 am By Steve Twedt\/Pittsburgh Post-Gazette The life of a medical researcher can be both rewarding and solitary, with the rewards often coming in breakthrough scientific discoveries made after long hours alone in a laboratory. Continue reading
\nPitt cuts medical research incentive<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"