Drought in the Forecast for NIH-Funded Drug R&D
By Mari Serebrov
Friday, June 22, 2012
WASHINGTON Drug researchers counting on National Institutes of Health (NIH) support could be in for a bit of a drought next year, as a federal budget sequester, set to go into effect Jan. 1, 2013, would dry up funding for about 2,300 grants one-fourth of the grants the NIH typically awards.
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