U-M awarded $47.8 million from Michigan tobacco settlement revenue for biomedical research and new business development.
The State of Michigan Life Sciences Corridor has awarded the first grants from tobacco settlement revenue to support life sciences research and economic development throughout the state. University of Michigan awards totaled $47.8 million.
U-M scientists were lead investigators in 24 of 58 research or commercial development proposals approved for funding by the Michigan Life Sciences Corridor steering committee in a Dec. 13 meeting in Lansing, Mich. In addition, U-M scientists will direct two of five advanced research centers for use by scientists from all Life Sciences Corridor institutions.
"Today's announcement is the result of a unique collaboration between Michigan's state government, its research institutions and its growing biotechnology industry," said Lee C. Bollinger, U-M president. "It is a tangible sign of the significance of today's life sciences revolution to our state's economy, the educational mission of its universities, and the profound impact the Corridor will have on medicine and society. Contributing to Michigan's leadership in life science research and new business development is in everyone's best interest."
The largest Life Sciences Corridor award will be used to develop a linked network of advanced technology laboratories in structural biology, proteomics, genomics, bioinformatics and animal models for researchers from universities, private research institutions, and biotechnology or pharmaceutical firms throughout Michigan. These core facilities will be physically located at the U-M, Michigan State University, Wayne State University or the Van Andel Institute, but they will be open to all scientists affiliated with the Life Sciences Corridor.
The U-M will house two of these facilities: