Less than three years after its inception, the Virginia Tech Carilion Research Institute is feeling cuts to its federal funding.
About $640,000 in grant money to the Roanoke-based institute has already been lost to sequestration, the automatic, across-the-board cuts in federal spending that resulted from an effort by Congress to reduce the budget deficit.
Another $1 million could be slashed by the end of the year, said Michael Friedlander, executive director of the institute.
No jobs have been lost, nor have any research projects been shelved.
Just the same, Friedlander said, the cuts are having a direct impact on biomedical research aimed at helping people suffering from depression, substance abuse, post-traumatic stress disorder, brain injuries and other ailments.
To read the rest of this story, click here.