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New Jersey gives $270 million to Stem Cell Research Center

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Governor Jon Corzine announced a bill that would provide $270 million to stem cell research. He announced, "I don't want New Jersey to join the crowd of stem cell research states, I want New Jersey to lead it." BusinessWeek reports that the announcement came two days after Corzine announced that the state will give out $10 million in research grants next year, including $7 million for stem cell research. Below is a summary of the fund allocation. + Fund allocation Funds Recipient $150 million Rutgers University for a stem cell research insti

Governor Jon Corzine announced a bill that would provide $270 million to stem cell research. He announced, "I don't want New Jersey to join the crowd of stem cell research states, I want New Jersey to lead it."

BusinessWeek reports that the announcement came two days after Corzine announced that the state will give out $10 million in research grants next year, including $7 million for stem cell research.

Below is a summary of the fund allocation.

+ Fund allocation Funds Recipient $150 million Rutgers University for a stem cell research institute $50 million Rutgers-Camden for a biomedical research facility $50 million New Jersey Institute of Technology (Newark) for a stem cell research facility $10 million Garden State Cancer Center (Belleville) $10 million Elie Katz Umbilical Cord Blood Program (Allendale)

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Licensed archive reporting by Wikinews contributors. Text: CC BY 2.5 (https://creativecommons.org/licenses/by/2.5/). Original source date retained. 411 has not independently verified this archive report.

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Source published 20 Dec 2006, 05:30 am IST

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