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Newsday.com: Pataki announces biotechnology grant program
Gov. George Pataki and the Republican-led state Senate are backing a program that aims to generate $800 million in new investment in biotechnology and medical research at institutions across the state.The program, announced by Pataki and Senate Majority Leader Joseph Bruno, would create a $200 million grant initiative they hope will generate another $600 million in federal, not-for-profit and private sector matching funds.
The initiative, first announced earlier this month in the governor's State of the State address, will fund research at universities and hospitals around New York.
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