Economy
Trump Cuts to NIH Funding Threaten North Carolina’s Economy
From Wilmington to Winston-Salem, biomedical research has become a driving force for North Carolina’s economy. The Triangle region alone has about 4,000 tech and 600 life science companies. The consistent growth of the research industry has attracted other large companies like Apple, Meta, Novo Nordisk, and Amazon, which are expanding their operations in the state.
North Carolina Attorney General Jeff Jackson joined 21 other Attorneys General in filing suit against the proposed NIH cuts, leading to a US District Judge issuing a temporary restraining order to block the cuts from taking effect.
February 27, 2025