September 15, 2008

Biotech “Mini Summit” Hosts Congresswoman Bono-Mack

By Anonymous

The first "Mini Summit" on biotech research and industry in the Coachella Valley took place on Monday at The Morrow Institute Campus in Rancho Mirage.

The purpose of the Mini Summit was to brief Congresswoman Mary Bono Mack regarding current efforts on the part of private enterprise to promote biotech in the Coachella Valley.

A highlight of the Mini Summit was a tour of the newly opened non- controversial Stem Cell Research Lab at The Morrow Institute. The lab's grant-supported work focuses on adipose (fat) derived stem cells. Adipose derived stem cells have been shown to have the same miraculous healing and regenerative properties as embryonic and bone marrow stem cells, and do not require the use of embryos or invasive surgery.

In attendance at the Mini Summit were David Morrow, MD, Allan Wu, MD, Caroline Stark, Executive Director of UC Riverside Palm Desert Graduate Center, John Soulliere, CEO of the Coachella Valley Economic Partnership and Larry Hansen, board member of the Coachella Valley Angel Network (CVAN). Both the Economic Partnership and CVAN, a privately funded venture capital group, are interested and involved in promoting Biotech industry in the area.

"It is time for the Coachella Valley to harness its economic reins," says UC Riverside's Caroline Stark whose Palm Desert Graduate Center is working hard to bring high tech jobs to the Coachella Valley.

Coachella Valley Economic Partnership CEO, John Soulliere says, "The benefits of supporting the development of biotech in the Coachella Valley are clear. Biotech brings green industry as well as high paying jobs to the area."

Allan Wu, MD a certified tissue bank specialist and lead researcher at the Morrow Stem Cell Research Lab explains the goal of his work, "Our work with adipose derived stem cells may one day allow each individual to store his or her own stem cells for future use to aid healing, regenerate vital organs and tissue, and even cure disease such as arthritis, diabetes and heart disease."

"In the long run, biotech research will benefit not only our own community but the world by helping all people live longer and healthier lives," concludes David Morrow, MD, Director of The Morrow Institute.

Copyright Desert Publication, Inc. and Sharon Apfelbaum Aug 5, 2008

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