Cancer 'moonshot' funding proposed

Tom Hinde

The White House announced it plans to spend nearly $1 billion to fund President Obama's promise of a "moonshot" to cure cancer. The initiative, led by Vice President Joe Biden, will devote $195 million in new cancer-related funding to the National Institutes of Health in the current fiscal year. The administration will ask Congress for another $755 million in its budget for the 2017 fiscal year.

Cancer researchers welcomed the extra funds, though many expressed doubts Biden would have the time or money to come close to a cure before leaving office in 2017. "We're not going to the moon on $1 billion," said Peter Adamson, chairman of the Children's Oncology Group, which conducts national clinical trials.