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Shutdown could slow innovation
The federal government shutdown has halted new research grants from agencies like the NIH and NSF. Local biotech leaders, including Portal Innovations Atlanta and Georgia Tech-based startup Topo DX, say the freeze could stall early-stage research and slow medical breakthroughs. To offset the funding gap, Portal Innovations has launched a $100 million fundraising effort to support startups impacted by the federal pause in research funding.