$18.9 million awarded for stem cell research in Maryland USA
Posted Jun 10 2009 6:46pm
The Maryland Technology Development Corp. awarded $18.9 million this week to dozens of researchers involved in stem cell research at private and public institutions across the state. The state has been formally funding stem cell research since legislators passed the Maryland Stem Cell Research Act of 2006.
Stem cell research is widely regarded as having the potential to deliver groundbreaking cures to a broad range of health problems and help fuel the state's efforts to become a hub for the biotechnology industry. Fifty-nine projects received funding in the latest round of awards. The researchers work at numerous public and private organizations across Maryland, including the Johns Hopkins University, the University of Maryland, Hugo W. Moser Research Institute at Kennedy Krieger and GlobalStem.