Prime Minister Kevin Rudd Announces New $250 Million Biotech Fund  
8/26/2013 7:48:08 AM

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Kevin Rudd says it is becoming possible to grow a human kidney from skin or blood cells and will on Tuesday announce a major new biotechnology fund aimed at bringing it about.

The Prime Minister plans to unveil a $250 million public-private investment fund designed to invest in Australian medical bio-technology and to take such breakthroughs made by Australian scientists, from the laboratory through to patients.

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