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Maryland Stem Cell Research Commission tells committee $13M in grants helped attract roughly $1B in private follow‑on funding
Summary
Rachel Brewster told the committee the Maryland Stem Cell Research Commission (MSCRF), administered by TEDCO, has invested about $13 million in research grants that the commission estimates leveraged more than $1 billion in private funding and supported dozens of disease‑focused projects. The commission's budget is roughly $15 million.
Rachel Brewster, chair of the Maryland Stem Cell Research Commission, told the Economic Matters Committee that the commission was established in 2006 under the Stem Cell Research Act to fund university research and move discoveries closer to patients. "Our primary goal is to improve health through stem cell research and through discoveries that are made, for the most part in universities in the Maryland…
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