$700-Million of Missouri’s share of the national tobaco settlement could be dedicated to life sciences research in the state if Governor Bob Holden signs a bill passed by the Legislature. The General Assembly passed a measure to take about $36-Million a year of tobacco money from 2007 to 2025. Bill Romjue with the Missouri Biotechnology Association says the money could make the state a leader in the life sciences community. He sees the next half century as a biotechnology age, saying Missouri could cash in the same way other parts of the country were able to benefit from the information age.
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