Albany Med Leads the Region in NIH Funding
Albany Medical College researchers received the most funding last year from the National Institutes of Health (NIH), among 16 firms and institutions in the Capital Region, according to an analysis by the Center for Economic Growth (CEG).
CEG found that the eight-county region garnered 163 NIH grant awards in 2020, totaling $81.4 million. Albany Med led the region in total funding, with $12.54 million from 35 awards.
Among the awards highlighted by CEG was a $434,073 grant Albany Med received from the National Institute of Allergy and Infectious Diseases (NIAID) to develop a vaccine with improved safety and enhanced immunogenicity against the bacteria that causes plague. Additional NIH grants are supporting Albany Med research on persistent inflammation in cardiovascular disease, chronic hepatitis B, breast cancer, neuropathy and more.
“As an academic medical center, biomedical research is one of the cornerstones of Albany Med,” said Vincent P. Verdile, MD, ’84, the Lynne and Mark Groban, MD ’67, Distinguished Dean of Albany Medical College and Senior Executive Vice President for System Care Delivery. “The NIH’s consistent support of our researchers through grant awards is a testament to the ground-breaking work on vaccines, cancer and a range of diseases that is conducted here every day.”