Since 2008, he has run research and development at Sanofi, the world's fifth-largest drug company by sales. In his proposed budget for 2017, Trump says he wants to make massive cuts to many federal agencies in order to fund an increase in military spending. The drug industry depends on discoveries made with NIH research--not entirely, and not for every drug, but in some cases dramatically. Foreign aid, and investments in research and development, have played a vital role in achieving this progress. We remain committed to ensuring that policies support innovation and value to deliver this new era of medicines to patients.

Source: Forbes March 16, 2017 19:34 UTC