WASHINGTON — The US agency in charge of medical research has announced a significant cut in funding to universities and research centers, a move strongly condemned by scientists and academics, who said work on cancer and other diseases would be adversely affected.
The National Institutes of Health said late Friday it was setting a 15 percent limit on its funding of 'indirect,' or overhead, costs linked to research.That represents a dramatic drop, amounting to billions of dollars, from the indirect billings of up to 60 percent now charged by some organizations, the agency said.'This change will save more than $4B a year effective immediately,' the official NIH account said on X.
'He said it would 'cause chaos and harm biomedical research and researchers.'The White House on Saturday defended the move, saying it was bringing its indirect cost rates in line with metrics used by private sector foundations.'NIH announced a new indirect costs policy that is in line with what research institutions receive from private foundations,' said a statement.
Scientists Rue Cut In Research Funding
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