Trump Says 'No Cash' to mRNA, Investors Say 'Bye Bye'

The Trump administration decided to pull the plug on nearly $500 million meant for mRNA vaccine research, leaving biotech investors nervously clutching their wallets. According to reports, the cut "has made investors more hesitant to back biotechs in this space," which is just a polite way of saying they got cold feet. It's like sitting at a promising restaurant table, then watching the host cancel your reservation right before the appetizer. Science funding or lottery? Either way, no surprise funds went "poof."

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Source: Statnews | Published: 8/14/2025 | Author: Jonathan Wosen and Allison DeAngelis