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Texas to Spend $50M on New Institute for Genomic Medicine

NEW YORK, July 18 (GenomeWeb News) - The state of Texas has committed $50 million from the Texas Enterprise Fund to establish the Texas Institute for Genomic Medicine, which will offer a mouse stem cell library to researchers, Lexicon Genetics said last week.


Lexicon will receive $35 million of the award to create a library of 350,000 knockout mouse embryonic stem cell lines. The remaining $15 million will go to the Texas A&M University System for creating facilities and infrastructure to house the library.


Founding members of the non-profit institute are TexasA&MUniversity, the TexasA&MUniversitySystemHealthScienceCenter, and Lexicon Genetics, but the institute encourages participation by all Texasacademic, medical, and commercial entities. The institute will focus on diabetes and obesity research as well as infectious diseases and cancer and will offer its mouse stem cell library to researchers worldwide. It will be located at the TexasA&MSystemHealthScienceCenter's Instituteof Biosciencesand Technology in Houstonand at TexasA&MUniversityin Houston.

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