Last year, the National Institutes of Health (NIH) — Dr. Anthony Fauci’s employer — doled out $30 billion in government grants to roughly 56,000 recipients.
That largess of taxpayer money buys a lot of favor and clout within the scientific, research and healthcare industries.
However, in our breaking investigation, we found hundreds of millions of dollars in payments also flow the other way. These are royalty payments from third-party payers (think pharmaceutical companies) back to the NIH and individual NIH scientists.
We estimate that between fiscal years 2010 and 2020, more than $350 million in royalties were paid by third parties to the agency and NIH scientists — who are credited as co-inventors.
