$100 million stem-cell push

By Eric Engleman

Responding to both growing competition and government-imposed limits on embryonic stem-cell research, the University of Washington is preparing to launch a stem-cell institute and looking to raise $100 million in private money to fund it.

The UW’s plans reflect the intense competition it faces from other universities around the country that are boosting research into stem cells, which have potential to treat a variety of diseases. California alone has earmarked $3 billion for research in embryonic stem cells.

Read the full story at Puget Sound Business Journal.