Analyst Sees Stimulus Countering Funding Weakness Late in '09 | GenomeWeb

NEW YORK (GenomeWeb News) – As the National Institutes of Health begins rolling out funding opportunities under the $10.4 billion it is receiving through the American Recovery and Reinvestment Act, the effect of these new funds is not likely to be seen until late 2009 or early 2010.

However, the extra money is expected to offset continuing weakness from other sources of funding for life sciences research, according to a report published today by Thomas Weisel Partners analyst Peter Lawson.

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