NIH
The firm said that it does not expect NIH spending cuts, but its internal modeling shows the potential loss of 2025 revenues topping out at around $15 million.
Between 20 percent and 25 percent of 10x Genomics' revenues are tied to NIH-funded projects, and grant money heading 10x's way was already expected to be down.
Judge Temporarily Blocks NIH Grant Indirect Cost Cut, Universities File Separate Challenge
A coalition of universities has launched a lawsuit in the District of Massachusetts against the NIH and the Department of Health and Human Services, joining one filed Monday by state attorneys general.
State AGs Sue NIH to Block Cap on Indirect Grant Costs
In a directive issued late Friday, NIH said it would cap indirect costs for grants at a rate of 15 percent, well below the average of approximately 27 percent.
Through Agency-Funded Contractors, NIAID Aims to Help Bring Infectious Disease Tests to Market
Premium
The Diagnostics Development Services program is, so far, being used to help point-of-care testing firm Fluxergy bring to market a test for sexually transmitted infections.