This from the Governor’s press office – “Governor Cuomo today announced that a strategic biotechnology project in Western New York, initially funded through the Regional Economic Development Councils, is expanding successfully, leveraging additional private investments for further growth and strengthening the regional economy. The Center for Personalized Medicine (CPM), an extension of Roswell Park Cancer Institute (RPCI), has leveraged $18.5 million in additional investments from an initial State investment of $5.1 million. The new Center treats cancer patients with personalized medical care and also creates a resource that scientists and medical providers can use for applications across the spectrum of clinical care, to the benefit of healthcare consumers all over the United States.
Roswell Park Cancer Institute received $5.1 million in State assistance for this project through the Western New York Regional Council in December 2011. A centerpiece of the Governor’s strategy to jumpstart the economy and create jobs, Regional Economic Development Councils were put in place in 2011 to redesign the state’s approach to economic development from a top-down model to a community-based, performance-driven approach. The initiative empowers community, business, and academic leaders, as well as members of the public in each region of the state, to develop strategic plans specifically tailored to their region’s unique strengths and resources in order create jobs and support economic growth.”
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