Aggregated News
Bay Area universities and research groups are betting they can spawn a new generation of medical breakthroughs and the next growth engine for the region's biotechnology industry.
The University of California, San Francisco, later this year plans to open a $123 million stem-cell lab at the foot of Mt. Sutro. The building follows the March launch of the UC Davis's new stem-cell center. Not to be outdone, Stanford University this month is expected to complete a $200 million stem-cell facility.
These are the biggest Greater Bay Area beneficiaries so far of Proposition 71, the 2004 ballot initiative that approved $3 billion in general obligation bonds to be spent over 10 years on stem-cell research in California. While the initiative-an end-run around the Bush administration's now-lifted ban on federal funding of embryonic stem cell research-was initially held up as religious groups and others fought to stop it in the courts, the bond issue got under way and has pumped more than $1 billion into California universities and research groups.
The state's support in turn attracted private donations from California philanthropists. Stanford's...
The University of California, San Francisco, later this year plans to open a $123 million stem-cell lab at the foot of Mt. Sutro. The building follows the March launch of the UC Davis's new stem-cell center. Not to be outdone, Stanford University this month is expected to complete a $200 million stem-cell facility.
These are the biggest Greater Bay Area beneficiaries so far of Proposition 71, the 2004 ballot initiative that approved $3 billion in general obligation bonds to be spent over 10 years on stem-cell research in California. While the initiative-an end-run around the Bush administration's now-lifted ban on federal funding of embryonic stem cell research-was initially held up as religious groups and others fought to stop it in the courts, the bond issue got under way and has pumped more than $1 billion into California universities and research groups.
The state's support in turn attracted private donations from California philanthropists. Stanford's...
