Yes, there is certainly room for reform in how overhead is calculated. Traditionally, however, the US has been deliberately more generous in reimbursement of overhead in order to build lab capacity. The result has been to make the US the premier country for science.
Thanks Chuck. I understand that “overhead” costs are about 50% less in Europe. If true, is there room for reasonable cuts?
Yes, there is certainly room for reform in how overhead is calculated. Traditionally, however, the US has been deliberately more generous in reimbursement of overhead in order to build lab capacity. The result has been to make the US the premier country for science.