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Stem Cell Grants Could Spur Growth in State's Bio Industry

A $15 million state investment in academic stem cell research could spur the next generation of startup companies and spin-offs bringing products and treatments to market. Academic researchers at Johns Hopkins University, University of Maryland, Baltimore, University of Maryland, Biotechnology Institute-Medical Biotechnology Center and University of Maryland, College Park dominated the first batch of grants awarded May 18 by the Maryland Stem Cell Commission.