CNN commentator Fareed Zakaria argues that federal funding of basic research is imperative if the US is to compete in a global economy. The Human Genome Project is a perfect example of the benefits of such funding. Read the article here.
The Energy Department announced on June 12 it has awarded more than $54 million for 13 projects across the country to advance transformational technologies and materials. These projects, which are leveraging approximately an additional $17 million in cost share from the private sector, can help U.S. manufacturers increase the energy efficiency of their operations and reduce costs. The projects will develop cutting-edge manufacturing tools, techniques, and processes that will be able to save companies money by reducing the energy needed to power their facilities.
Each project will advance technologies early enough in their development cycles to permit the full scope of their technical benefits to be shared across a broad cross-section of the domestic economy. Collectively, these projects are part of the Obama Administration’s effort to support the creation of good jobs by helping U.S. manufacturers reduce costs, improve quality, and accelerate product development. See the DOE press release and the project descriptions .
NIH’s National Center for Advancing Translational Sciences (NCATS) is days away from disclosing its list of molecules for repurposing under a recently announced agency-industry pilot program. On or about June 12, NCATS will issue a request for applications, with a link to summaries for each compound in its pilot program, Discovering New Therapeutic Uses for Existing Molecules. NCATS will review applications from researchers from academia, industry, and nonprofit institutes.
For more information, read the article at Genetic Engineering and Biotechnology News.