Perry gives $3M in state funds for research center

[TexasTowelie]

HOUSTON —

A new biotechnology research center in Texas is launching behind a $3 million investment from the state's Emerging Technology Fund.

Gov. Rick Perry announced Friday that the taxpayer dollars will help create the Center for Cell and Organ Biotechnology. The center is a partnership between the Texas Heart Institute and Texas A&M University.

The research will tackle chronic diseases in both human and veterinary health care. More than one million people in the U.S. die from end-stage organ failure each year.

The Texas Emergency Technology Fund is one of Perry's signature programs in his 13 years as governor. It has doled out more than $200 million to more than 140 startup companies since launching in 2005. The state has lost some of that money over troubled and failed investments.

Source: Associated Press, http://www.statesman.com/ap/ap/texas/perry-gives-3m-in-state-funds-for-research-center/nZwcb/

[Paladin]

1. More big bucks gifting from Perry to his alma mater. (nt)

[Thinkingabout]

2. Do you mean a company like Solyndra? My goodness I was thinking this was the only company

Government funds went which failed. HA