New Jersey could become the first state in the US to use public funds for stem cell research, according to a budget proposal announced Tuesday (February 24) by Governor James McGreevey.

“Today, I propose to go where no other state has gone—to invest state funds in your courage and the hopes of so many families—with the creation of a new research institute, the New Jersey Institute for Stem Cell Research,” said McGreevey in his budget address.

The Institute would be a joint project of the University of Medicine and Dentistry of New Jersey (UMDNJ) and Rutgers University and would be located in New Brunswick. The budget earmarks $6.5 million in state funds to be the included in a $10 million public/private stem cell fund, which will be used to attract top researchers from around the world. An additional $50 million in public and private funds will be used to support...

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