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OU, Beaumont To Create Stem Cell Institute

Oakland University and Beaumont Hospitals announced an expansion of their medical education and research partnership at the World Stem Cell Summit in Detroit Tuesday.

With the OU William Beaumont Hospital School of Medicine set to open with its inaugural class in fall 2011, its parent institutions have launched the Oakland Univeristy William Beaumont Institute for Stem Cell and Regenerative Medicine.

"This initiative significantly enhances the research-intensive focus that Oakland Univesrity has embraced as part of its academic mission," said OU senior vice president and provost Virinder Moudgil. "We're thrilled with the opportunity to work with Beaumont Hospitals in naming highly accomplished investigators to the institute, and we're confident their work will hold great potential to change human lives for the better."

OU and Beaumont said they expect the institute to become self-supporting within three years, relying on outside funding from state, federal and philanthropic sources for its reserach funding. It will be led by an executive board of six members and an advisory board of 10 to 15 members.

(c) 2010, WWJ Newsradio 950. All rights reserved.

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