{"id":215666,"date":"2017-04-08T16:38:52","date_gmt":"2017-04-08T20:38:52","guid":{"rendered":"http:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/uncategorized\/dana-farber-chief-federal-cuts-could-threaten-worlds-greatest-wbur.php"},"modified":"2017-04-08T16:38:52","modified_gmt":"2017-04-08T20:38:52","slug":"dana-farber-chief-federal-cuts-could-threaten-worlds-greatest-wbur","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/eco-system\/dana-farber-chief-federal-cuts-could-threaten-worlds-greatest-wbur.php","title":{"rendered":"Dana-Farber Chief: Federal Cuts Could Threaten &#8216;World&#8217;s Greatest &#8230; &#8211; WBUR"},"content":{"rendered":"<p><p>wbur      Commentary        <\/p>\n<p>      April 07,      2017    <\/p>\n<p>      By      Dr. Laurie      Glimcher    <\/p>\n<p>    Dr. Laurie    Glimcher, President and CEO of the Dana-Farber Cancer    Institute, told the Boston Chamber of Commerce on Friday that    for cancer care, \"It truly is the best of times and the worst    of times.\" Research and treatment have been advancing rapidly,    she said, but the political climate \"threatens to send us    backwards,\" if the Affordable Care Act is undermined and    proposed cuts to the federal budget for biomedical research go    through.  <\/p>\n<p>    An excerpt from    her remarks as prepared:  <\/p>\n<p>    For me, personally,    this has been a roller-coaster ride.  <\/p>\n<p>    I was honored to be a    member of the blue ribbon panel convened by Vice President Joe    Biden to shape his Cancer Moonshoot. In December of 2016, I    was present when President Obama signed into law the 21st    Century Cures Act, which included $1.8 billion in new dollars    over seven years for cancer research and care.  <\/p>\n<p>    However, a few short    months later, the Trump Administration released a skinny    budget that cuts funding to the National Institutes of Health,    which is the agency that distributes most federal support for    biomedical research in the United States, by more than 18%. And    it is unclear how the Moonshot dollars, intended to be    additive, fit into the picture.  <\/p>\n<p>    This    more-than-decimation of the NIH budget has to be put into    context. Over the last ten years, NIH funding had already    dropped by more than 13% in constant dollars  a source of    great frustration to many physician-scientists, given the    incredible potential we see before us in immunotherapy, in    genome editing, in more efficient sequencing, in our ability to    find insights within massive amounts of disparate data.  <\/p>\n<p>    Now, to cut NIH    funding almost 20% beyond that.... Since much of the NIH budget    is devoted to ongoing grants, it is possible that the NIH may    not be able to fund any new work at all in 2018.  <\/p>\n<p>    Meanwhile, other    countries  particularly China and South Korea  have been    increasing their investments in biomedical R&D at a    scorching pace, and the resulting generation of intellectual    property. President Trump says its a bad thing that so many of    the things we use are now made in China. Imagine how much worse    it would be if they also were invented there.  <\/p>\n<p>    As we consider    moonshots, it is worth pointing out that at the height of the    Space Race in the mid-1960s, the United States spent more than    three times as much on R&D as a percentage of the federal    budget as we do today. That spending funded discoveries that    led to commercial lasers, the Internet, GPS, the cell phone,    the entire biotechnology industry, and a host of medical    advances, including the ones Ive been talking about.  <\/p>\n<p>    Now, with the stroke    of a pen, our innovation engine may grind to a halt.  <\/p>\n<p>    Even setting aside    the lives that could be saved, the foolishness of this is    extreme, just in terms of cost-benefits. For example, caring    for people with Alzheimers, and other dementias, costs the    United States over $200 billion per year, much of that paid for    by Medicare and Medicaid. Because of the growth and aging of    our population, the bill for Alzheimers is expected to rise to    more than $1.1 trillion in 2050 and we cannot even treat these    patients, because we have not yet discovered an effective    treatment.  <\/p>\n<p>    If we could find a    treatment that would merely delay the onset of Alzheimers by    five years, we could save $220 billion within the first five    years  seven times the $32 billion we spent on the NIH in    2016.  <\/p>\n<p>    Cancer prevalence    also rises with aging, and cancer costs are projected to reach    $158 billion a year in 2020. Again, if we can turn this into an    easily manageable disease, the nation would come out way    ahead.  <\/p>\n<p>    Before I end, I want    to consider what this new political climate means for us in the    Greater Boston area.  <\/p>\n<p>    With the worlds    greatest ecosystem in biomedicine, we have a lot to lose. Five    of the ten largest private employers here are teaching    hospitals  and three more are research universities. As you    would expect, Greater Boston receives more NIH funding than any    other city in the country. The nearly half a billion dollars in    Massachusetts NIH grants likely to vanish under the Trump    budget are a serious concern for our innovation-based    economy.  <\/p>\n<p>    At Dana-Farber alone,    we could lose $23 million in the first year. Here is what    really keeps us awake at night: the reality that declining    federal support for biomedical research is discouraging the    next generation of young scientific talent, who are not able to    get funding for their projects.  <\/p>\n<p>    This loss of    intellectual capital is going to hurt Boston-based businesses    as well. NIH-funded research centers like Dana-Farber are an    essential training ground for young physician-scientists, many    of whom go on to build careers at pharmaceutical or medical    device companies, or who launch new companies of their    own.  <\/p>\n<p>    These early-stage    businesses also rely on NIH grants in order to research and    develop promising new biotechnologies and survive the valleys    of death that could keep important treatments from reaching the    market.  <\/p>\n<p>    This is fuel for the    vibrant life sciences startup community in Boston and    Cambridge, which adds vitality to every other sector    represented in this room  restaurants, hotels, real estate,    financial services, software, retailing.  <\/p>\n<p>    We face another    threat as well: California. There is a cautionary tale in the    way that Route 128 lost its dominance to Silicon Valley in    information technology in the 1980s.  <\/p>\n<p>    Silicon Valley    clearly benefitted from more powerful social networks and a    more freewheeling exchange of information. And now, our friends    on the West Coast are coming for our crown in biomedicine: In    2004, California voters strongly supported a ballot initiative    that created the California Institute for Regenerative Medicine    and provided $3 billion for stem cell research.  <\/p>\n<p>    And the enormous    wealth generated in technology means that many California    universities and medical centers are awash in philanthropic    support for researchincluding major health care initiatives,    like one recently launched by Facebook CEO Mark Zuckerberg and    his wife Priscilla Chan.  <\/p>\n<p>    In Boston, we are    used to being the best. But we cannot be complacent. We need to    push forward on everything from digital health care to STEM    education. We need to rally all sectors of our regional    economy, including both philanthropy and government, to    maintain our intellectual leadership.  <\/p>\n<p>    And we need to join    forces, rather than to engage in cutthroat competition, given    the degree to which we all gain strength from the biomedical    cluster we have created here.  <\/p>\n<p><!-- Auto Generated --><\/p>\n<p>Read more: <\/p>\n<p><a target=\"_blank\" href=\"http:\/\/www.wbur.org\/commonhealth\/2017\/04\/07\/dana-farber-chief-cuts-boston\" title=\"Dana-Farber Chief: Federal Cuts Could Threaten 'World's Greatest ... - WBUR\">Dana-Farber Chief: Federal Cuts Could Threaten 'World's Greatest ... - WBUR<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> wbur Commentary April 07, 2017 By Dr. Laurie Glimcher Dr. Laurie Glimcher, President and CEO of the Dana-Farber Cancer Institute, told the Boston Chamber of Commerce on Friday that for cancer care, \"It truly is the best of times and the worst of times.\" Research and treatment have been advancing rapidly, she said, but the political climate \"threatens to send us backwards,\" if the Affordable Care Act is undermined and proposed cuts to the federal budget for biomedical research go through <a href=\"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/eco-system\/dana-farber-chief-federal-cuts-could-threaten-worlds-greatest-wbur.php\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[33],"tags":[],"class_list":["post-215666","post","type-post","status-publish","format-standard","hentry","category-eco-system"],"modified_by":null,"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/215666"}],"collection":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/comments?post=215666"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/215666\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/media?parent=215666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/categories?post=215666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/tags?post=215666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}