Money, Money, Money | GenomeWeb

Money, Money, Money

To keep biomedical research chugging along happily, the Federation of American Societies for Experimental Biology says the NIH budget needs to get raises after the stimulus funding runs out. According to Science Insider, NIH needs a 10 percent raise in 2011 and 3 percent above inflation (6 to 7 percent) raises after that, so that in 2012, the NIH budget would be $36 billion. If these increases do not happen, incoming FASEB president Mark Lively says, new awards will plummet.

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In Science this week: deletion of one microRNA allows pluripotent stem cells to form embryonic and non-embryonic lineages, and more.

Arizona is planning to sue Theranos for "deceptive acts" and misrepresentations of its "capabilities and operation."

If confirmed as Department of Health and Human Services Secretary, Tom Price says he will divest himself of certain holdings, according to Stat News.

Oliver Smithies, who won the Nobel Prize in 2007, has died, the New York Times reports.