Stem-cell center gets $10 million (Embryonic Stem Cells)

The Orange County Register ^ | July 5, 2006 | GARY ROBBINS

[TheDon]

Famed Newport Beach bond trader Bill Gross is donating $10 million to UC Irvine to support human embryonic stem-cell research at a campus that's competing hard to become a mecca in the young and controversial field.

Gross and his wife Sue gave UCI $2million for such things as equipping, staffing and operating the university's new Stem Cell Research Center. They've pledged an additional $8 million toward a proposed permanent institute that could cost $80 million.

......

[TheDon]

Here is a picture of the ghouls.

[RexBeach]

Nice tie.

[alloysteel]

Private donations for embryonic stem cell research is not prohibited. Only Federal funding is prohibited.

Privately, any number of philanthropic agencies may provide funding for this research. What many of these organizations have done over the years, is give "seed money" to start the research (mostly to get the grant requests written up), then get the researchers to tap the Federal government for additional funding. Now, when they have to come up with ALL the funding, they are feeling SO abused.

OK, so don't go around opening up these cans of worms.

[VOA]

Here is a picture of the ghouls.

Be nice, the guy's a bond trader, not a molecular biologist.

I suspect the scientists that schmoozed him for some of his disposable
income just didn't tell him everything he should have heard about
adult stem cells.