$50M Philanthropic Stem Cell Funding
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Against a backdrop of far too much politicking, the Starr Foundation has committed to $50 million in funding for stem cell research in New York. "The Tri-Institutional Stem Cell Initiative will seek to decipher the molecular codes ultimately responsible for human cellular diversity and eventually use this understanding to design cell-based therapies. ... greater understanding of their capacity and of how to direct their activity allows scientists considerable potential to develop new regenerative treatments that would deploy the body's own ability for growth and repair against a range of conditions such as Parkinson's disease, diabetes, spinal cord injury, stroke, burns, heart disease, cancer, and arthritis."

Link: http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20050523005866&newsLang=en

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