|[December 17, 2012]
Fitch: NIH Plan Could Pressure Some U.S. Universities
NEW YORK --(Business Wire)--
In June 2012, the National Institute of Health (NIH) created working
groups charged with supporting growth and diversity of the biomedical
research workforce and utilizing biomedical data more effectively. Last
week, the NIH proposed a broad implementation process for these
initiatives that will undergo further clarification before enactment in
Fitch believes these NIH initiatives, which are intended to improve
diversity issues and create a sustainable training and support framework
for graduate students and postdoctoral researchers, will create a need
for additional internal controls to be implemented by universities.
Fitch expects universities with significant NIH funding or entrenched
research programs to have the ability to manage through the changes
while less nimble entities will struggle to meet the proposed
guidelines. Additionally, Fitch believes institutions with proactive
management teams and a focus on expanding their research programs within
the healthcare sciences will be more likely to make these changes.
Research institutons which find it problematic to implement the
necessary changes could experience increased competition for program
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