What DuPont's deep R&D cuts mean for science

The heyday of privately funded R&D is a thing of the past.


During the last century, private companies, as well as illustrious universities, were known for great exploratory research. But those days may soon be a memory if DuPont's recent layoffs are any indication, according to an article in Chemical & Engineering News (C&EN), the weekly newsmagazine of the American Chemical Society. The chemical giant, which announced its merger with Dow in December, has dramatically reduced its basic research unit in response to business demands.
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