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USC Advances in Bid for Stem Cell Grant

01/18/08
The university is among 12 California institutions moving to the final round of the major facilities grants process.
By Jennifer Chan
USC is one of 12 California institutions moving on to the next round of the California Institute for Regenerative Medicine’s Major Facilities Grants application process.

The grants will provide up to $262 million to fund the establishment of facilities in support of stem cell research, making it the single largest grant program that the institute will undertake.

“Being among one of the select few institutions to be considered for part two of the application is a critical step in the growth of our new program here,” said Martin Pera, director of USC’s Center for Stem Cell and Regenerative Medicine. “The potential funding would enable us to make a timely start on the construction of the Eli and Edythe Broad Center for Regenerative Medicine and Stem Cell Research facility, which is essential to support stem cell investigation and the eventual translation of new discoveries to patient care.”

USC is seeking funding to establish an institute that would allow the university to carry out stem cell research in three categories: basic and discovery stem cell research; preclinical research and preclinical development; and clinical research. Funding is anticipated to range from $25 to $50 million.

Part two of the California Institute application process will evaluate the technical aspects of an applicant’s building program and how the scientific program aligns with the institute’s objective. Recommendations and approval for funding is expected in April.

“The new CIRM institute will allow our investigators to work with scientists and clinicians from USC and regional institutions to develop interdisciplinary collaborative projects and make the most effective use of resources,” Pera said.

The California Institute for Regenerative Medicine was established when voters passed Proposition 71 in 2004 to borrow and spend $3 billion over 10 years to support stem cell research. To date, USC has received more than $23.6 million in stem cell grants from the institute.