Gregoire Seeks $350 Million Biotech Fund

Gov. Christine Gregoire, in her first major initiative to boost Washington's economy, is pushing to create a $350 million Life Sciences Discovery Fund to bankroll biomedical research in the state. Gregoire, who made the idea a key part of her campaign's job-creation strategy, is hoping to build momentum for the plan. By attracting matching private money and federal grants, backers say the total financing resulting from the fund could reach $1 billion.

The Seattle Times (http://seattletimes.nwsource.com/html/businesstechnology/2002167797_lifesciences02.html)