Jump to content

New Jersey gives $270 million to Stem Cell Research Center

Checked
From Wikinews, the free news source you can write!

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.

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

  • Text of Senate Bill No. 1471


  Share this article

Email this story Share on Facebook Share on Telegram Share on WhatsApp Share on LinkedIn Share on WeChat

Share on Twitter Share on Reddit Share on Bluesky Share on Mastodon