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March 26th, 2007
Stem cell funding in the NY pipeline
Originally, the Governor's proposed legislation was slotted as a bond act of $1.5 billion, part of which would support stem cell and "other biomedical research," while the remainder would fund various emerging technologies, such as renewable energy and nanotechnology.
The State Assembly proposed $500 million over the next ten years to support stem cell research, with no appropriation for this year. The Assembly has long sought to get stem cell funding into the state budget, and has adopted language from previous bills. This includes a priority given to pluripotent stem cell and progenitor cell research that is unlikely to be funded by the federal government.
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