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BUCK INSTITUTE GETS FIRST CHUNK OF STIMULUS MONIESTwo-year, $970,000 grant hoped to be the first of many awardsNovato, CA, July 16, 2009. The Buck Institute for Age Research has been awarded $970,000 from the National Institutes of Health (NIH) as part of the American Recovery and Reinvestment Act (ARRA). The two-year grant will fund research in the lab of Associate Research Professor KunLin Jin, MD, PhD. The work will focus on the function of newborn neurons in aged brains following stroke.To date, the Buck Institute has applied for 47 ARRA NIH research grants totaling $43.4 million. In addition, on June 17th the Institute submitted an NIH facilities grant request for $15 million to help construct a new research building for stem cell research. The NIH has $10.4 billion to allocate nationwide in a program intended to create and retain jobs and advance science while providing long-term economic benefit. Monies allocated for research are slated to be paid out by October 1, 2009. Successful facilities grant recipients could begin to receive funds as early as December of this year. This first ARRA grant comes at a particularly opportune time. Jins previous Research Project Grant (termed an RO1 by the NIH) expired on May 30th. That research focused on the effect of aging on neurogenesis, but did not include a study of the function of newborn neurons in both young and aged brains after stroke. The new grant gives Jin an opportunity to expand previous projects after hiring new researchers. Jin had applied for a five-year grant for the new research last year. His request was deemed scientifically meritorious, but was not funded due to budget constraints. We are intently focused on taking advantage of every opportunity available under ARRA, said James Kovach, MD, JD, President and COO of the Buck Institute who describes the Institute as a perfect vehicle to help drive the local economic recovery and provide long-term benefit by improving the health of our population. We have research plans and a shovel-ready construction project ready to go, said Kovach. We want to put people to work in the service of our science. The Bay Area Council Economic Institute included the Buck Institutes facilities request near the top of their list of 85 projects deemed most worthy of receiving federal funds. The grant would provide most of the matching funds needed to build the new facility, which already has $20.5 million in backing from the California Institute for Regenerative Medicine (CIRM). Many local elected officials have written letters in support of the request. The Building and Construction Trades Council of Marin County has estimated that 250 construction workers would work on site. In their letter of support, the Council commended the Institute for adopting the apprenticeship policy whereby 20 percent of the construction hours will be allocated to successful local apprenticeship programs. About the Buck Institute:The Buck Institute is the only freestanding institute in the United States that is devoted solely to basic research on aging and age-associated disease. The Institute is an independent nonprofit organization dedicated to extending the healthspan, the healthy years of each individuals life. The National Institute on Aging designated the Buck a Nathan Shock Center of Excellence in the Biology of Aging, one of just five centers in the country. Buck Institute scientists work in an innovative, interdisciplinary setting to understand the mechanisms of aging and to discover new ways of detecting, preventing and treating conditions such as Alzheimers and Parkinsons disease, cancer, diabetes and stroke. Collaborative research at the Institute is supported by new developments in genomics, proteomics and bioinformatics technology.For more information: www.buckinstitute.org. |
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