Cambridge Joins Harvard in Opening Stem-Cell Institute
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The University of Cambridge will receive 8 million pounds ($12.5 million) to create a new stem-cell research center, joining those established at the University of Oxford and Harvard University.
The institute, which will unite 30 research teams, will be funded by the U.K. Medical Research Council and Wellcome Trust, the council said in a statement today. It will eventually be housed in an 8,000 square-meter facility to be constructed at the Cambridge Biomedical Research Campus. Cambridge, England, is home to the largest cluster of biotechnology companies in Europe, according to the statement.