The National Institutes of Health detailed the impact of sequestration on its budget last week, affirming that there will be a reduction in the size and volume of grants at many centers. The disclosures also show the some of the programs of most interest to device firms – Small Business Innovation Research and Small Business Technology Transfer – appear less impacted.
NIH has to absorb a 5 percent, or $1.55 billion, cut from its $31 billion fiscal year 2013 budget as a result of sequestration. The agency must apply the cuts...
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