I listened to that when it was on air. It's kind of depressing that this is my reality at work every day. Grants are drying up and harder to get. Scientists are jumping ship at major universities or getting ground down to the most basic, barely innovative kind of research. Private money is predominantly going towards tech innovation in science, which is good and bad. Good in that the capabilities and speed at which scientists can now run assays is greatly expanded. Bad because this new technology is so expensive good labs cant afford it, and the money they used to use in the past to buy new equipment is being spent on the new tech development.

Basically the only way to break even or make money these days is to chase whatever popular disease is in the media, or be developing boner pills, fat people drugs, or any of the various other First World Problem ailments.