DHR (US)


May 15, 2025

NIH & Lab Tools: Law vs Politics

By John Leppard

Nearly five hours of testimony from HHS Secretary RFK Jr. yesterday on the administration’s FY26 budget request leaves us with little additional confidence in the overall trajectory for NIH spending and – by extension –…

Read More >>

December 3, 2024

Life Science Tools: NIH Cuts in Context

By John Leppard

With the life science tools (LST) space still trailing broader market moves following the Nov. 5 election, in part due to investor concerns over NIH funding, we continue to believe that significant budget cuts are…

Read More >>