N.J. To Create Stem-Cell Research Institute

[Murray Charters <mcharters@xxxxxxxxxxxxxx>]

N.J. To Create Stem-Cell Research Institute
2:27 PM EST Tuesday

New Jersey Gov. James E. McGreevey announced plans to spend $6.5 million to 
create the country's first publicly funded
research institute, which would develop new treatment for diseases like 
Parkinson's and Alzheimer's using human
embryonic stem cells.

The institute plan was included in his proposed $26.2 billion state budget 
unveiled Tuesday.

McGreevey said the proposed New Jersey Institute for Stem Cell Research "will 
put New Jersey at the forefront of
medical and pharmaceutical research in this country. And it will put us one 
step closer to fulfilling our dream -- that
some scientist will find a cure for the incurable."

Last month, New Jersey became the second state after California to enact 
legislation allowing for the use of embryonic
stem cells in research aimed at developing new treatments for a variety of 
diseases.

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