Third Frontier gives $5 million to center for
stem cell research
Ohio's Third Frontier Commission has awarded $5
million to a stemcell
research center run by Case Western Reserve University,
University Hospitals and Athersys.
The funding, which is part of the commission's research
commercialization program, will help support two commercial, four
emerging and three pilot projects on stem
cell technologies. The funding will be matched by each of
the individual projects to create a $10 million grant for
stemcell and regenerative medicine in
Ohio.
"Our goal is to rapidly move stemcellresearch from the lab to patients through clinical
trials, using our strong background in pre-clinical models," said
Stan Gerson, director of the Center for StemCell & Regenerative Medicine. "We have linked
corporate partners to our major projects and have been gratified by
the development of a stemcell
biotechnology commercial landscape in our region."