Congressman Frank Pallone, Jr. (NJ-06), top Democrat on the House Energy and Commerce Committee's Subcommittee on Health, which oversees the National Institutes of Health, the Food and Drug Administration, and the Centers for Disease Control, among other critical health care-related issues, released the following statement today upon the historic merger of Rutgers University and University of Medicine and Dentistry of New Jersey (UMDNJ):
"The merger of Rutgers University and University of Medicine and Dentistry of New Jersey will create a vibrant environment for medical research in our state that will attract federal funding, promote university-industry collaboration, and propel economic growth. Prior to this merger, New Jersey was lagging behind other states in capturing federal funding through the National Institute of Health (NIH). Now, New Jersey is in a better position to maintain its leadership position in health care by capturing increased NIH funding and fostering those discoveries that generate new companies and create jobs. Rutgers will now rank among the top 25 research universities in the country with more research spending than top-rated competing universities. I am proud to join New Jersey in celebrating the collaboration of two excellent institutions."