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After his talk outlining a $1 billion biotech initiative in Massachusetts, Gov. Deval Patrick (center) greets visitors, including Harvard Provost Steven E. Hyman (right).

Staff photo Justin Ide/Harvard News Office

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HOME: CULTURE+SOCIETY

Patrick announces $1B initiative

May 10, 2007

Massachusetts Gov. Deval Patrick Tuesday (May 8) announced a $1 billion biotech initiative to secure Massachusetts its position as a world leader in biotechnology and stem cell science.

In a speech at the BIO 2007 convention in Boston, the governor called for legislation funding a bond issue to help bridge the decline in National Institutes of Health (NIH) real-dollar funding of the life sciences, to establish a state stem cell bank, and to establish state grants for scientists and innovation centers.

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