Economics

Biotech Leaders Express Doubts Over Trump Presidency

By Chemical Processing Staff

Nov 18, 2016

In a survey conducted one day after the U.S. presidential election, biotech industry leaders express concern that a Trump presidency will negatively impact NIH research funding and STEM education, according to an article in Genetic Engineering & Biotechnology News," which conducted the survey. A plurality of respondents reportedly also feel foreign-born scientists educated at American universities were more likely to leave the country, triggering a “brain drain."

According to the article, Trump hinted at possible support for increased NIH budgets during his campaign. Still, the largest majority, 57.11%, reportedly believe that the president-elect will hurt research funding. Just over 51% of respondents feel that STEM will not take priority in a new administration.

Read the entire article here.