The price of Fetal Bovine Serum (FBS) has drastically increased! At my university, we typically requested FBS from a large in-house supply purchased wholesale from an external source. One reason for this was to maintain consistency, as fetal bovine serum tends to vary from batch to batch. However, purchasing this way kept cost down – one half liter bottle of FBS could run around 500 dollars. Recently, the department sent out a notification that each lab would no longer be able to obtain a bottle of FBS, without it counting against its weekly budget. Going forward, 200 dollars will be deducted, reducing the overall funds available for the weekly purchase of other lab supplies.
Yesterday, I asked the Chairman’s secretary why this change had been made. She only knew that the price had gone up exponentially, but not why. So, I decided to do some investigatory work of my own. People often don’t understand that research is very expensive and time consuming work. An increase in the cost of supplies, means a decrease in how far the budget can be stretched, and an increase in the time it takes to get in essential supplies. Continue reading