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TMCNet:  Fitch: NIH Plan Could Pressure Some U.S. Universities

[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 2013.

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 funding.

Additional information is available on www.fitchratings.com.

The above article originally appeared as a post on the Fitch Wire credit market commentary page. The original article, which may include hyperlinks to companies and current ratings, can be accessed at www.fitchratings.com. All opinions expressed are those of Fitch Ratings.

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON (News - Alert) THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE.


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