May 29, 2003
Columbus Business First
Ohio State University is part of a consortium receiving $8.6 million from the state to study stem cells and regenerative medicine.
OSU, Case Western Reserve University, the Cleveland Clinic, Athersys Inc. and University Hospitals of Cleveland are receiving the money to found the Center for Stem Cell and Regenerative Medicine.
The center will research treatments for musculoskeletal disorders, cardiovascular disease, cancer and degenerative diseases, such as multiple sclerosis.
The money comes from the Biomedical Research and Technology Transfer Commission's Partnership Award program, which is part of the Third Frontier project, Gov. Bob Taft's 10-year, $1.6 billion plan to spur high-tech industry in Ohio. Money for Third Frontier comes from the state's settlement with tobacco companies.
A consortium led by OSU on Wednesday won about $17.1 million from Ohio to establish the Wright Center of Innovation. The Wright centers, another component of the Third Frontier initiative, are being set up to focus research institutions from around the state.
The Wright Center that involves OSU's work will concentrate on a new
generation of medical imaging equipment.
© 2003 American City Business Journals Inc.