Monday, January 7, 2008 - 2:51 PM EST
RPCI, UB receive stem cell research funds
Business First of Buffalo - by Annemarie Franczyk Business First
More than $1 million in state grants are targeted for Buffalo research institutions as part of New York's new $600 million stem cell research program.
The program's first awards -- granted to 25 organizations and totaling $14.5 million -- were approved Monday at a meeting in New York City of the Funding Committee of the Empire State Stem Cell Board.
Roswell Park Cancer Institute was granted $419,442 and the University at Buffalo, $606,422, under the program that was created in the Gov. Eliot Spitzer's 2007-2008 budget.
The one-year development grants are designed to increase the capacity of New York state research institutions in stem cell discovery, through the purchase of large equipment shared by researchers or by engaging in specialized training for scientists to enter stem cell research.
Research institutions in New York that received at least $1 million in biomedical funding last year from the National Institutes of Health or the National Science Foundation were eligible to apply for between $100,000 and $1 million in the state program.
Daniel Sisto, president of the Healthcare Association of New York, called the investment in stem cell research a historic event.
"A commitment of this magnitude enables New York's medical research facilities to continue to make breakthroughs in stem cell research and biomedicine. The knowledge gained and the advances made in these emerging fields will help shape the future of health care, and augment providers' ability to save lives and deliver the best possible treatment and care," Sisto said.
RPCI, UB receive stem cell research funds
Business First of Buffalo - by Annemarie Franczyk Business First
More than $1 million in state grants are targeted for Buffalo research institutions as part of New York's new $600 million stem cell research program.
The program's first awards -- granted to 25 organizations and totaling $14.5 million -- were approved Monday at a meeting in New York City of the Funding Committee of the Empire State Stem Cell Board.
Roswell Park Cancer Institute was granted $419,442 and the University at Buffalo, $606,422, under the program that was created in the Gov. Eliot Spitzer's 2007-2008 budget.
The one-year development grants are designed to increase the capacity of New York state research institutions in stem cell discovery, through the purchase of large equipment shared by researchers or by engaging in specialized training for scientists to enter stem cell research.
Research institutions in New York that received at least $1 million in biomedical funding last year from the National Institutes of Health or the National Science Foundation were eligible to apply for between $100,000 and $1 million in the state program.
Daniel Sisto, president of the Healthcare Association of New York, called the investment in stem cell research a historic event.
"A commitment of this magnitude enables New York's medical research facilities to continue to make breakthroughs in stem cell research and biomedicine. The knowledge gained and the advances made in these emerging fields will help shape the future of health care, and augment providers' ability to save lives and deliver the best possible treatment and care," Sisto said.