A year after we first heard about the proposed creation of a new translational institute, Congress and President Obama have officially established the National Center for Advancing Translational Sciences (NCATS). The purpose of NCATS, with a budget of $575 million, will be to “re-engineer” the way we translate basic science into drugs, diagnostics, and devices.
As anticipated, funding for NCATS will be reallocated from the National Center for Research Resources (NCRR), an institute that funds OHSU’s Primate Center and the Oregon Clinical and Translational Research Institute (OCTRI). To dispel concerns that NCATS will shift the NIH’s focus away from basic science, last Friday’s press release emphasizes that: “NIH is committed to both basic and applied research and has maintained a relatively stable ratio of funding across these two areas of focus. The funding ratio will not be disturbed by the establishment of this new center.”
Read the full NIH press release.