Budget cuts scheduled to go into effect Jan. 2 would slow approval of drugs for children and severely affect the Children's Oncology Group's research on pediatric and adolescent cancers, the St. Baldrick's Foundation cancer charity says. "Children with cancer would be unable to access clinical trials, medical discoveries that improve the lives of children will be stifled, and promising research on childhood cancer cures will grind to a halt," the organization said in a statement. Sequestration would cut cancer research funding by more than $450 million, the coalition One Voice Against Cancer said.

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