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Business News Today: Latest Business News, Finance News

Markets’ dilemma: Trust the bark or wag of oil prices The sector call illusion Bandu’s Blockbusters For April 12, 2026 Mastering Derivatives: Does Lag Impact Effectiveness Of OI? Who Am I? April 12, 2026 Index Outlook: Rising From Dire Straits US Market Outlook: Gaining Strength Bullion Cues: Gold And Silver Futures Face Barrier F&O Tracker: Tentative Shift In Trend F&O Strategy: Buy L&T Put Maruti Suzuki to launch 4 EVs by 2031 India Inc flags surge in cost of packaging raw material, seeks relief measures India-flagged LPG tanker Jag Vikram crosses Strait of Hormuz after US-Iran ceasefire Muted pricing power, rising costs to curb benefits of demand in cement sector: HDFC Securities Iran's new supreme leader Mojtaba Khamenei has severe and disfiguring wounds, sources say No road tax, registration fees for electric vehicles priced up to ₹30 lakh till March 2030: Delhi’s draft EV policy Central Railway to run four special local trains for Ambedkar Jayanti West Asia tensions push up costs for India; further impact hinges on stability: Report ED initiates fresh raids against former Bengal minister Chatterjee in teacher recruitment scam Election Commission reverses Mittal’s DVAC posting, appoints him DGP, TN Armed Police Israel and Lebanon are expected to hold talks. Here’s what to know US, Iran set for peace talks but doubts emerge over Lebanon, sanctions Cotton Association revises output estimates for 2025-26 up at 324 lakh bales of 170 kg each Orbicular gets USFDA’s tentative nod for generic Semaglutide Injection in partnership with Apotex Malls, high-streets in NCR clock 45% rise in leasing of retail spaces in Jan-Mar: C&W FIIs pull ₹28,375 crore in five sessions; domestic buyers cushion fall as indices post best week in months Nifty and Bank Nifty Prediction for the week 13 Apr’26 to 17 Apr’26 by BL GURU Proposed Trump arch in Washington DC includes winged figure, eagles, lions and gold inscriptions 'Ladakh' replaces 'Jammu and Kashmir' in Aadhaar records for UT residents Misri ends US trip with focus on civil nuclear cooperation and LPG exports
How the US funding cut impacts cancer research
K Bharat Kumar · 2026-06-15 · via Business News Today: Latest Business News, Finance News

The detrimental effect of the US government’s move to cut funding for global healthcare programmes is widely known, but research now shows the quantum of the decline in funding.

A paper published by Anbang Du of the University of Southampton, UK, and others shows how medical advancement may be impacted if the US were to, hypothetically, end funding for all academic research. Moreover, the US is home to not only the largest R&D hubs globally but also major funders of research, and leads in scientific publication, intellectual property and clinical trial capacity.

The study shows that the government change in the US in 2024-25 was followed by an estimated 40.6 per cent reduction in central US funding for research agencies such as the National Institutes of Health (NIH) in 2026. It looked at 1,07,955 funding awards totalling $51.4 billion globally.

The researchers modelled the cancer science ecosystem across a five-layered network, covering 233 countries and territories. The layers include grants, clinical trials, publications, inventions and patents. They found that the inequality between the West and low- and middle-income countries (LMICs) was most evident at the monetary end of the chain — namely grants and patents.

“The existing capacity in the research and innovation ecosystem might limit LMICs’ ability to acquire sufficient funding from international funders and commercialise the knowledge,” the report says.

Countries such as the US and China dominate all five layers and are, hence, at the core of the cancer science network, while smaller economies only partake of the paper-related layer and are seen as peripheral.

Low-income countries participate actively in the publication layer, but their presence is significantly diluted when it comes to clinical trials, inventions and patents. The study has also come up with evidence of ‘tokenism’ in paper publication — when it comes to prestigious first- or last-name authorship positions, the involvement of researchers from low-income countries dips sharply, which also impacts their ability to generate research income.

Ultimately, this leads to a ‘brain drain’ — researchers tend to migrate to richer nations that can potentially offer them key roles in funding and capital creation.

The study postulates that the hypothetical removal of the US from the system causes a dramatic 50-plus per cent loss of efficiency.

What is the way out? The researchers suggest that other countries should scale up to make up for the decline in US funding. The largest contributions across the grants-to-inventions lifecycle will have to come from the European Union. They also suggest how other regions such as BRICS, which includes India, should chime in as well.

Published on June 15, 2026