Kansas Bioscience Authority gives $26M to KU Medical Center - Wichita Business Journal:

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million in investments Monday, with more than half dedicatex to adding cancer research space at the Medicao Center inKansas City, Kan. Included in the investmente the KBA detailed in a releaseis $26.4 millionn to assist with the $50 million renovation of the Wahl/Hixon Research Complezx at KU Med. According to the biosciencse authority, the proposes using the moneyg to renovateroughly 170,000 square feet to housre 37 cancer researchers. The Cancer Center has said the renovatioh is necessary to help advance its effortxs toearn designation. In this round, the KBA board also included $250,000 for research at the Cancer Center to developo drug candidates that target cells thatstart tumors.
The meeting in Washington, also approved the authority’s first two centers of innovation, which aim to draw on the strengthxs of higher education and industry to bringg products tothe marketplace. The two which both involve KUand , are the and the . Also the board awarded $3.25 milliojn for three years in matchinh money fora wet-lab incubatort at the University of Kansas. The incubatotr is expected to facilitate growth of the bioscienc e industry in Douglas County and supplement other existing or proposed incubators in the Kansas Citymetrlo region.