The Economic Development Potential of Stem Cell Research in Texas

September 12th, 2010 by mfoster

Prepared for the Alliance for Medical Research Houston, Texas
By Bernard L. Weinstein, Ph.D.*, Terry L. Clower, Ph.D.*, and Michael Seman, M.S.**

*Professors of applied economics and **research associate, University of North Texas. Views expressed are the authors’ alone and do not necessarily represent those of the university, its officers or regents.

January 2009

Recent scientific advances have generated tremendous excitement in the burgeoning field of regenerative medicine, which focuses on developing therapies to restore or replace damaged cells and tissues in the human body. Stem cell research has proven to be one of the most promising areas of research, offering the opportunity to revolutionize medical treatment, drug development and biomedical research.

From heart disease and diabetes, to Parkinson’s disease and spinal cord injuries, stem cell research in its many forms holds the key that could potentially unlock the secrets to treatments and cures that have long eluded patients suffering from some of the most devastating diseases.

This study measures the economic impact, as well as the humanitarian and economic benefits to Texas, from the research of all types of stem cells.

Read the entire study. (pdf file)

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