President Joe Biden has appointed Dr. Renee Wegrzyn as the first director of the Advanced Research Projects Agency for Health (ARPA-H), a new agency established to drive biomedical innovation that supports the health of all Americans.
Dr. Wegrzyn, a scientist with professional experience working for two of the institutions that inspired the creation of ARPA-H - the Defense Advanced Research Projects Agency (DARPA) and Intelligence Advanced Research Projects Activity (IARPA) - will be responsible for driving the agency's nascent research portfolio and associated budget. The budget is expected to support a broad range of programs in order to develop capabilities to prevent, detect and treat some of the most intractable diseases including cancer.
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Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.