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How Much Money Have We As A Race Have Spent On Cancer Research

One of the most important medical areas which are most researched is cancer. It is a global health issue which has no cure if detected in its last stages as early diagnosis is not much possible but has improved over the years. Cancer is the leading cause of death worldwide and therefore it is important to focus on the medical research of cancer. The research can transform lives and the goal is to develop safe methods to detect, prevent, treat, and finally cure the disease. As lack of knowledge restricts the possibilities for concluding anything there one of the main aspects of finding a cure or even treatment for cancer is to have sufficient knowledge about the disease. The cancer research can be broadly divided into the following:

  • Basic research which involves the study of animals, cells, genes and the basic molecular changes that occur in cancer. It is also referred to as lab research or preclinical research.
  • Translational research which involves research of the application discoveries in the laboratory to clinical practice. It is generally referred to as moving advances from bench to bedside.
  • Clinical research or the application of treatments and procedures in the patients by conducting clinical trials.
  • Population research or the study of causes and patterns that occur in cancer and evaluation of the risks.

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But all these researches are impossible without funding and financial aid. This financial aid comes from the government, charities and various institutions which work towards raising funds for cancer research. The National Cancer Institute or NCI is the federal government’s principal agency for cancer research and training. It reports how funds are spent based on various classifications such as cancer sites, cancer types and conditions related to cancer.

  • The Financial Year 2016 has shown funds available to NCI which was 4.952.6 billion dollars reflecting an increase of 5% from the previous year.
  • Each year Cancer Research UK raises almost £650 million majorly from the public donations.
  • But according to the annual report, only 61% of last year’s total expenditure of the£658 million was used in the cancer research and the remaining was spent on activities such as fundraising and overheads.
  • Majority of this money is spent on pursuing the dead ends and the new discoveries when tested in real patients fails.
  • In May 2016, a report showed that only 5.1% of the new and promising cancer treatments have passed the clinical trials.
  • Concluding the results to give a brief of the data collected on the funds of cancer research shows that only 1.7% of the money that is invested in the huge cancer research is likely to be spent on finding out a new drug that benefits the cancer patients.

The World Cancer Day celebrated on 4th of February encourages and is meant to generate awareness amongst people to raise more funds and thereby increasing the fund amounts for the research. We still have to go a long way to deliver the outcomes which are expected from the funds so that the fear of cancer is eliminated and sustainable health is achieved by all.

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