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Mosquitos are eating us alive into October; I just annihilated an Aedes albopictus that was supping on my shoulder. Is there a Kalshi market for wagers on when dengue will hit SoCal?
The need-to-know this morning
- Novartis is paying $575 million upfront to license an experimental mRNA-based autoimmune therapy from the Chinese firm Abogen Biosciences, the latest case of a large pharma company looking to China to restock its pipeline.
NIH dollars are flowing, but uncertainty persists
The National Institutes of Health spent the $34 billion it was allocated by Congress for research grants in the 2026 fiscal year, but a slower and increasingly opaque funding process is now making it harder to actually do science, a STAT analysis shows.