The National Institutes of Health (NIH) has reduced the amount it will now grant for indirect funding to Universities from an average of 30%, with some universities charging over 60%, to a limit of 15% saving the NIH around $4bn annually. The NIH argues funds should go towards direct scientific research instead of administrative overheads. Critics claim the decision will limit medical breakthroughs that could cure cancer.
Healthcare Cybersecurity Market Projected for Steady Growth
The global healthcare cybersecurity market is expected to reach $61.63 billion by 2031, growing at a compound annual growth rate (CAGR) of 15.5% from 2024,
