Comment by PhotonHunter

The Clinton era was the golden age for life sciences (can’t speak to others) and it’s been a decline since then, either stagnant or a sharper downturn. Now? Complete operational collapse, a completely different animal altogether, and it’s not one agency it’s all agencies. You seem to be saying that chasing grants is not unprecedented, which has been true since Galileo and the patron system, but that isn’t a profound observation it’s the status quo. What I and others on the ground are saying is that now is a sudden and profound shift, having committed funding pulled or applications in process effectively frozen and simultaneously new awardees decimated, in a way that is impossible to sustain the basic and translational research enterprise. And outside of the feds, there isn’t a viable source of patient capital to turn to on the scale we’ve been operating.