New Jersey gives $270 million to Stem Cell Research Center
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Wednesday, December 20, 2006
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.
| 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) |
Sources
- "New Jersey Gov. Signs Bill That Will Expand Stem Cell Research Facilities in the State". Kaiser Network, December 22, 2006
- Tom Hester Jr., Associated Press "New Jersey makes another stem cell push". BusinessWeek, December 20, 2006
- Angela Delli Santi, Associated Press "Stem-cell research coming to N.J.". Courier Post Online, December 15, 2006
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