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Trump Administration Illegally Slashed Over $1 Billion In NIH Grants Mostly Linked To DEI, Federal Judge Rules: Report
Wednesday, June 18, 2025 - 5:13am | 417A federal judge has ruled that the Trump administration's decision to cancel more than $1 billion in research grants from the National Institutes of Health (NIH) was unlawful. The move, disproportionately impacting diversity-related studies, was challenged by states, academic institutions and civil...
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NIH Revolts: Scientists Decry Budget Cuts, RFK Jr. Political Interference, Warn Of Long-Term Public Health Damage
Monday, June 9, 2025 - 3:16pm | 551Over 340 current and recently terminated U.S. National Institutes of Health (NIH) employees have publicly protested the Trump administration's deep cuts to the agency's research budget. What Happened: Reuters noted that more than 60 NIH employees signed a letter, accusing NIH leadership — including...
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10x Genomics CEO Calls NIH The 'Foundational Jewel' Of Biomedical Progress, Says 40% To 50% Of Revenue Supported By Academic And Government Research Funding — Pulls Full Year Revenue Guidance
Friday, May 9, 2025 - 2:37am | 656During its first-quarter earnings call on Thursday, 10x Genomics Inc. (NASDAQ:TXG) withdrew its full-year guidance, opting instead to provide quarterly forecasts. What Happened: The company cited policy uncertainty stemming from recent U.S. government budget cuts for academic research as the...
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NIH Funding Cuts To Spook Healthcare Stocks? RFK Jr's Confirmation At HHS Sparks Concerns Over Research Dollars, 'Causing Uncertainty,' Says Analyst
Monday, February 24, 2025 - 6:07am | 972Robert F. Kennedy Jr.‘s appointment as U.S. Secretary of Health and Human Services has sparked concerns over funding for the National Institutes of Health. Analysts warn that potential cuts to this funding could lead to increased “uncertainty” in the healthcare sector, potentially...
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Trump's Potential 'Health Czar' Robert F. Kennedy Jr. Rattles Vaccine Stocks: 'Shoot First Reaction'
Thursday, November 7, 2024 - 4:07pm | 694President-elect Donald Trump has said he will give Robert F. Kennedy Jr. a senior role in his incoming administration to advance his "Make America Healthy Again" agenda. Trading in pharmaceutical stocks is shaky this week and the details are few surrounding a possible appointment. What To Know:...
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Trump Says Robert Kennedy Jr. Can Run Wild On Health And Food: 'I'm Going To Let Him Go Wild On The Medicines'
Sunday, October 27, 2024 - 9:15pm | 593Former President Donald Trump has pledged to give Robert F. Kennedy Jr. full authority over health, food, and medicine issues if he secures a second term. What Happened: Trump revealed his plans on Sunday, expressing his intent to allow Kennedy to have free reign over health, food, and medicine-...
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As Cannabis Use Grows Among Cancer Patients, Federal Agency Highlights Need For Rescheduling
Thursday, October 17, 2024 - 3:31pm | 620As cannabis legalization continues to expand across the U.S., its use among cancer patients has also increased significantly, particularly for managing symptoms like nausea, pain, anxiety and insomnia. A recent blog entry from Carmen Phillips at the National Cancer Institute (NCI), a part of...
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Robert Kennedy Jr: Trump Wants Him To Help Pick CDC, FDA, and NIH Leaders — 'Unravel The Capture Of Agencies By Corrupt Influence'
Wednesday, September 18, 2024 - 9:20pm | 505Antivaccine advocate and former independent presidential candidate, Robert F. Kennedy Jr., stated that he might be appointed by former President Donald Trump to select leaders for key public health agencies, should the former president win a second term. What Happened: Kennedy Jr. disclosed this...
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Fed Health Agency Funds $2.4M Study On Psychedelics Treatment For Meth Addiction
Wednesday, August 28, 2024 - 7:26pm | 522The National Institutes of Health (NIH) is stepping up efforts to combat the rising tide of methamphetamine addiction by funding a $2.4 million study to explore the potential of psychedelics as a treatment. According to Marijuana Moment, this five-year grant, provided by the National Institute on...
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Federal Money To Support Research On Psychedelics As Alternative To Pills For Chronic Pain Among The Elderly
Monday, April 29, 2024 - 1:54pm | 448The National Institutes of Health (NIH) recently said it will fund clinical trials to exam the safety and efficacy of psychedelic-assisted therapy in older adults with chronic pain, reported Marijuana Moment. According to NIH's Wednesday notice, it intends to direct $8.4 million toward research on...
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Federal Agency Announces New Cannabis Research Center To Alleviate Study Barriers, Regulatory Hurdles
Friday, December 1, 2023 - 3:41pm | 530The National Institutes of Health (NIH) is taking a significant step forward in advancing cannabis research by establishing a Resource Center for Cannabis and Cannabinoid Research. The center will serve as a central hub for researchers to access resources, guidance and support to...
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NIDA Study Finds Young Men At Higher Risk Of Schizophrenia Linked With Cannabis Use Disorder
Thursday, May 4, 2023 - 5:37pm | 529Young men with cannabis use disorder, or excessive dependency on marijuana consumption, are at higher risk of developing schizophrenia, according to a study led by researchers at the Mental Health Services in the Capital Region of Denmark and the National Institute on Drug Abuse (NIDA) at...
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Feds To Identify Marijuana Research Obstacles, Ontario Cannabis Shop Recovers From Cyberattack & More Industry Updates
Thursday, August 11, 2022 - 1:48pm | 669Ontario Cannabis Store To Resume Deliveries After Cyberattack The Ontario Cannabis Store was unable to process or deliver cannabis to dispensaries and customers due to a cyberattack on one of its logistic partners, reported CP24. The OCS confirmed Monday that there are no signs that...
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NIH Director Francis Collins To Step Down By Year-End, Dismisses Rumors Linking Resignation And COVID-19 Origins Controversy
Tuesday, October 5, 2021 - 10:19pm | 475National Institutes of Health Director Francis Collins plans to step down by the end of the year, the agency announced Tuesday. What Happened: Collins has served three decades at the NIH and has headed it for over 12 years. He is the longest-serving presidentially appointed NIH director. “It...
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COVID-19 Booster Shots Coming In September: Stocks To Watch
Thursday, August 19, 2021 - 3:11pm | 500For Americans, it’s almost time for a coronavirus vaccine booster. That’s according to a Wednesday announcement from White House health officials. Booster shot rollouts will begin the week of Sept. 20 and will be offered to those who got their first vaccine earliest, which is meant...