STAT+: Reed Jobs warns Trump funding cuts will undermine research needed for cancer breakthroughs

Reed Jobs, founder of the cancer-focused venture capital fund Yosemite, calls Trump's science cuts "a tragedy" with long-term harms. #STATBreakthrough

May 16, 2025 - 10:02
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STAT+: Reed Jobs warns Trump funding cuts will undermine research needed for cancer breakthroughs

SAN FRANCISCO — Reed Jobs, founder of the cancer-focused venture firm Yosemite, expressed anger and frustration at the Trump administration’s science funding cuts, saying these and other policies “are absolutely disserving the American people, and it’s a tragedy.”

“As someone whose direct family benefited from cutting-edge medical research, it has a huge impact in my life,” he said at STAT’s Breakthrough Summit West on Wednesday. “I am personally deeply offended by the cuts that are happening.”

Yosemite has a stated goal to make cancer nonlethal, inspired by the cancer that claimed the life of Jobs’ father, Apple founder Steve Jobs. Jobs blasted budget cuts to the National Institutes of Health and National Cancer Institute, which he said would undermine basic research necessary for treatment breakthroughs.

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