Regional: Michigan Corridor Awards Disappoint Region s Startups | GenomeWeb

The regional-pavilion setup at BIO 2002 made it even easier to notice the grumblings of Michigan-based genomics and proteomics companies. The complaint: after last year’s $100 million funding for life sciences drew companies to the area like a 21st-century gold rush, the new 2002 awards leveled out at $30 million, and a good chunk went to university programs instead of to the private sector. Of 111 proposals, just three of the awards were for private, science-based companies.

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