Most of the budget news we have reported here has been directly related to the UW, but it’s important to note that some of our key partners also are facing drastic budget cuts. The Life Sciences Discovery Fund, which was established in 2005 to strengthen the state’s competitive standing in biotech and medical device research, is facing over a 40 percent cut and reports that it would have to dramatically curtail or suspend operations.
You can find the complete story here.