Detailed text transcripts for TV channel - FOXNEWS - 20150426:18:58:00
Opportunity? >> they get into a clinical try to try and brand new therapeutic and have a dramatic response. >> all that is the tip of the iceberg for nih which gives out 90% of its funds and research grants to outside programs. which brings us to money. the nih budget this year is $31 billion, which after spending cuts is sequestration is where nih was 12 years ago. what does that mean for research grants? >> traditionally we could fund about a third of those. now we're down to funding about a sixth of those. that means about half of the science is left on the table at a time of such great pro...