Los Angeles News

$80 billion stem cell research center opens
Friday, October 29, 2010

LOS ANGELES (KABC) -- Stem cell research got a big boost in California Friday with the opening of a new center dedicated to regenerative medicine at USC's Health and Sciences campus.

Two years ago work crews broke ground on the $80 million Eli and Edyth Broad Center, established to break new ground in stem cell research. Friday the center had its grand opening with a ribbon-cutting ceremony.

"We've got to do whatever it takes to help people who are suffering," said Broad at the ceremony.

Of the funding for the center, $30 million came from the Broads and an additional $30 million came from California taxpayers after the passage of Proposition 74 in 2004 provided $3 billion for stem cell research.