By John J. Kruzel American Forces Press Service
WASHINGTON, May 2, 2008
If a new regenerative medicine venture proves successful, it could increase investors’ confidence in backing the cutting-edge technology, a senior military official said today.
With piecemeal public and private funding and $80 million of its own money, the Defense Department last month launched the Armed Forces Institute of Regenerative Medicine. The effort will comprise seven of America’s 10 foremost thinkers in the field, and has an overall budget of $250 million over the next five years.
http://www.defenselink.mil/news/newsarticle.aspx?id=49767