Federal Funding Constraints Forces Elimination of Cancer Trials

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By Douglas A. McIntyre Published
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by H.S. Ayoub
BioHealth Investor.com

Due to federal budget constraints some 3000 patients could possibly be prevented from taking part in cancer trials nationwide, according to Robert L. Comis, president of the Coalition of Cancer Cooperative Groups.

The National Cancer Institute (NCI), part of the National Institutes of Health (NIH) and a large source of funds for cancer research in the U.S., asked the coalition to cut back cancer trials after the federal government outlined a decrease of 0.20% in the NCI’s 2008 budget. That tiny percentage cutback means that the NCI will be short about $9 million. The NIH however, will receive an increase of 0.8% overall.

The budget cutbacks will affect trials for all cancers, but especially those studying sarcomas, and head and neck cancers.

The Southwest Oncology Group will halt all sarcoma, and head and neck trials. The Eastern Cooperative Oncology Group will eliminate its brain and sarcoma trials. Many other groups will delay various late stage cancer trials, thus, pushing back possible new treatments for needy patients.

These recent setbacks are especially hard to swallow considering that many positive trends have materialized over the last couple of years, including the decline of cancer death rates, and the re-thinking of cancer as a chronic condition, rather than a terminal illness.

Private funding might now be an attractive alternative for the coalition groups.

http://www.biohealthinvestor.com/

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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