Friday, 22 March 2013

Cellular Dynamics receives $16 million fund

According to an announcement made yesterday, Cellular Dynamics International (CDI) will be receiving a $16 million fund from the California Institute for Regenerative Medicine (CIRM). The awarded money will be used by CDI to create 3 induced pluripotent stem cell (iPSC) lines for each of the 3000 healthy and diseased participating donors.

According to the press release, CDI will take blood and tissue samples from patients suffering from the following conditions:
  • Alzheimer’s disease
  • Autism spectrum disorders
  • Cardiovascular diseases
  • Eye Diseases 
  • Liver diseases
  • Neurodevelopmental disabilities like cerebral palsy
  • Respiratory diseases

CDI will then use these tissues to create iPSCs lines for research purposes.

Informational video about CDI

Furthermore, CIRM also awarded the Coriell Institute for Medical Research with another $10 million fund to help the institute set up and bio-bank the aforementioned iPSCs lines, of which CDI will be the primary subcontractor.

CDI, is a stem cell company, located in Madison, which mainly specialises in iPSCs technologies. It was founded by stem cell pioneer James Thomson, best known for deriving the first human embryonic stem cell  line in 1998.

Coriell Institute for Medical Research, is a medical research institute in human genetics, stem cells and bio-banking.

Video about the Coriell Institute

The official press release is available here

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