Reseseach funds moving out of the USA

[Guest guest]

Hi all,

It's started, there go our research funds. (And our balance of

payments).

Take care, Bill Werre

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Wednesday March 20, 8:13 pm Eastern Time

Press Release

SOURCE: Juvenile Diabetes Research Foundation

Juvenile Diabetes Research Foundation Announces Swedish Partnership on

Stem Cell Research

NEW YORK, March 20 /PRNewswire/ -- The Juvenile Diabetes Research

Foundation (JDRF), the organization that led 60 patient and scientific

groups to urge federal funding of

embryonic stem cell research in the United States, announced today a

partnership with the Swedish Research Council and the Swedish Diabetes

Association Research Foundation to fund a $7.5 million program on stem

cell research in Sweden.

This partnership is the first of several that JDRF is forming with

institutions abroad to ensure that stem cell research moves forward

rapidly toward therapies for a wide range of illnesses,

including Type 1 diabetes.

``JDRF strongly supports research with all types of human stem cells,''

commented Goldstein, MD, PhD, Chief Scientific Officer. ``We

recognize that there are opportunities with

international partners to accelerate research on human embryonic stem

cells, including the development of new stem cell lines that could be

made freely available to researchers.''

Scientists believe stem cells could be critical to curing Type 1

diabetes and many other devastating diseases. The hope is that stem

cells can be coaxed into developing into

insulin-producing beta cells to replace those mistakenly destroyed by

the body's immune system in people with Type 1 diabetes.

Research on adult and embryonic stem cells are viewed as complementary

pathways to therapy. JDRF supports and funds both but recognizes the

more promising potential of embryonic

stem cells to differentiate into any of the body's cell types.

JDRF, the world's leading nonprofit, nongovernmental funder of diabetes

research, was founded in 1970 by the parents of children with juvenile

diabetes-a disease which strikes children

suddenly, makes them insulin dependent for life, and carries the

constant threat of devastating complications. Since inception, JDRF has

provided more than $410 million to diabetes

research worldwide. In 2001 alone, the Foundation will spend $120

million and 85 cents of every dollar goes directly to research and

education about research. JDRF's mission is

constant: to find a cure for diabetes and its complications through the

support of research. For more information, visit the website at

http://www.jdrf.org, or call 800-533-CURE

SOURCE: Juvenile Diabetes Research Foundation