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Economist honored for study on impact of new cancer drugs on life expectancy

Published in Gene Therapy Weekly, December 23rd, 2010

2010 DEC 23 -- The 2010 Garfield Economic Impact Award was presented today to Frank R. Lichtenberg, PhD, of Columbia Business School. Research!America has presented this award since 2002, to recognize the outstanding work of economists who demonstrate how medical and health research impacts the economy. The award is supported by a grant from Merck & Co., Inc., and by the Eugene Garfield Foundation.

The 2010 award recognizes a study by Lichtenberg, published in the journal Economics of Innovation and New Technology. The study shows that new cancer drugs from 1968 to 2004 increased the life expectancy of American cancer patients by almost one year and that...

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