Some projects that have been backlogged for lack of funds that would anticipate results in 2 years are stated to be prioritized that have already gone through the review process.  The new money is largely due to Republican Senator Arlen Specter, a cancer survivor himself.  Finally stem cell research can move forward as well. 

The scarcity of funds meant about 90% of the requests had been rejected and fewer number of students were pursuing careers with research and development, this is a nice change and welcomed by all.  BD

"There is a backlog of approved, excellent research that NIH has not been able to fund. And the money will be spent now in order to get those projects up and running," Mary Woolley, the group's president, said in a telephone interview.

Woolley said that she expects a portion of the money will fund research involving human embryonic stem cells.

Senior Obama adviser David Axelrod said on Sunday Obama will act soon to reverse restrictions put in place in 2001 by former president George W. Bush for human embryonic stem cell research.

Stem cells are the body's master building blocks, able to transform into other types of cells. Many scientists are eager to find out if they can replace cells damaged by disease or injury in conditions such as Alzheimer's disease, Parkinson's disease and spinal cord injuries.

Cash boost coming for stagnant U.S. medical research | Special Coverage | Reuters

Related Reading:

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Regenerative Medicine – Material and Cell Based Regeneration of the Human Body

Medical research funds stall at the NIH – FNIH boosting their efforts and looking for partners

Peter Neupert, Corporate Vice President, Health Solutions Group, Microsoft and 4 Others Join the Foundation for NIH

NIH Reviewing New Rules for Grantees

NIH Updates Timeline for New Peer Review Systems

FDA and NIH Using Twitter for Updates – The Government Twitter Battle has been won


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