NIH Freezes Grant

The most likely outcome is an administrative containment response: NIH suspends disbursements, opens an internal review, and says no infectious-agent work will be funded until compliance with the 2022 Russia ban is verified. This limits the issue to grant governance rather than a broader market-moving public health event.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.