Canada joins California in cancer stem cell research, donates $100 million
June 18, 2008 - 16:48
TORONTO - The Canadian government is investing more than $100 million into cancer stem cell research in partnership with California. Health Minister Tony Clement says the money will go to a consortium that co-ordinates and funds cancer stem cell research by both Canadian and Californian scientists, universities and private industry. Clement says the Cancer Stem Cell Consortium will work in partnership with the California Institute for Regenerative Medicine with the goal of learning to prevent and treat cancer.
The health minister made the announcement Wednesday at the BIO 2008 International Convention in San Diego. Clement says Canada and California together account for about 70 per cent of all stem cell research conducted in North America. The three-year agreement follows a recent pledge of $30 million by Ontario to the Cancer Stem Cell Consortium, created by Premier Dalton McGuinty and California Gov. Arnold Schwarzenegger.