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State Kicks Tobacco Money To Biosciences

Fund, a state fund charged with distributing $350 million in tobacco settlement money to life sciences, has announced its first grants: $22 million to fund five programs.

THE RECIPIENTS:

·         The Benaroya Research Institute will receive $5.6 million for autoimmune disease diagnosis and treatment;

·         The University of Washington will get $5.3 million to establish the Institute of Genetic Medicine;

·         Battelle, which runs the Pacific Northwest National Laboratory in Richland, will receive $4.8 million to develop blood protein identification technology for liver disease treatment;

·         Another UW group will get $4 million to establish a child brain imaging center;

  • The Fred Hutchinson Cancer Research Center will get $2.2 million for early-stage clinical trials for new anticancer therapies.

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© Washington CEO Magazine 2008