As of January 25, 2009, no long can second grant applications be sent to the NIH. It appears they are feeling the same pinch of information overload that exists all over healthcare today. It appears now that you only get one shot, so make it as complete as possible from the start.
Once more the bar has risen here and the chances have dropped to 7% on being able to obtain a grant and with this new rule, I would guess the odds will decrease even more. What this also says, is that the importance of Venture Capital and from other areas of donations will be more important than ever to continue R and D in healthcare. BD
NEW YORK (GenomeWeb News) – As part of its ongoing efforts to overhaul its peer review system, The National Institutes of Health wants to enhance the success rates of new and resubmitted grant applications and is implementing a new rule that lowers the number of resubmissions it will allow from two to one.
NIH expects that lowering the numbers of applications will save reviewers time, will open space for more new submissions, and will improve efficiencies in the peer review system.
Investigators six years ago had a 17 percent chance of winning funding from a first submission; that number had dropped to 7 percent four years later.
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