
A Minnesota initiative leveraging the scientific leadership of the University of Minnesota and Mayo Clinic into a powerful research collaboration.
The Minnesota Partnership for Biotechnology and Medical Genomics is an economic development initiative that leverages the scientific base of the state's two strongest health research leaders, Mayo Clinic and the University of Minnesota, to benefit all of Minnesota. This alliance is creating:
The Partnership's accomplishments to date have exceeded all expectations since it was unveiled in early 2003. The current research teams are investigating Alzheimer's disease, prostate cancer, heart disease, and obesity, which confront tens of thousands of Minnesotans.
Already, the four teams have made considerable progress. They have:
An economic quantification study of the Partnership's potential indicates that a state investment of $70 million over five years, with mid-range assumptions, will yield an expected overall economic impact returned to the state of $320 million and 4,300 direct and indirect jobs in 2010 (see the full study at www….hyperlink NEED A LINK)
In April 2005 Governor Tim Pawlenty signed a bipartisan bonding bill that includes $21.7 million for the medical genomics research addition to the Stabile Building in Rochester. The addition will house more researchers and provide greater opportunity for the Partnership to seek new treatments and technologies to fight diseases and improve health.
This summer, the legislature approved $15 million in funding for the Partnership. A portion of that support will allow the Partnership to better organize its ongoing efforts, including critical scientific infrastructure, recruitment and retention of top-level scientists, product development as a consequence of discovery, and collaborations with start-up companies to invigorate Minnesota's economy. A majority of the new funding - upwards of $9 million - will be used to fund this second, expanded round of research awards to focus on health problems facing Minnesota's citizens.
If the science is developed here, Minnesota potentially will gain significant benefits:
This research Partnership between the University of Minnesota and Mayo Clinic will position Minnesota as a world leader, creating significant benefits for future generations. Minnesotans will enjoy dramatic improvements in health care, and the potential of long-term economic security for our state.
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