Updated: UT Cancer Institute Focuses on Drug Research

Updated 2 p.m., 11/28/2011:

HOUSTON — The University of Texas is committing $75 million to kick-start the new Institute for Applied Cancer Science, which will focus on speeding up the discovery and delivery of effective cancer drugs at a time when pharmaceutical companies have scaled back research and development.

Gov. Rick Perry, taking a break from his busy pursuit of the GOP presidential nomination, was on hand for the announcement at the south campus of MD Anderson Cancer Center, site of the new facility, in Houston on Monday. Perry said the institute would help Texas cement its position ...

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