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Life sciences undergo painful genetic modification

Summary by breakingviews.com
Washington funds $160 bln of R&D a year and attracts more by backing early-stage work. Sweeping budget cuts immediately affect companies such as Becton Dickinson, which is selling its labs unit, and Thermo Fisher. Bigger costs await from delayed therapies or ones never developed.
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

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Life sciences undergo painful genetic modification

Washington funds $160 bln of R&D a year and attracts more by backing early-stage work. Sweeping budget cuts immediately affect companies such as Becton Dickinson, which is selling its labs unit, and Thermo Fisher. Bigger costs await from delayed therapies or ones never developed.

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breakingviews.com broke the news in on Wednesday, April 2, 2025.
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