Archive for Thursday, April 10, 2008

KU Med to receive bioscience funding

April 10, 2008

Kansas Bioscience Authority will pump $2 million into an effort to help Kansas University Medical Center attract biomedical startups to the Kansas City metro area.

The authority's board of directors, meeting Tuesday in Wichita, agreed to spend $2 million to help the center match a $3 million grant from the U.S. Department of Commerce.

The $5 million, plus another $1 million from KU, will go toward developing so-called "wet-lab" incubator space for promising bioscience startups.

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