On the Record: CNBC Focuses on Pew’s Investment in Biomedical Innovation (Spring 2011 Trust Magazine)

Source Organization: The Pew Charitable Trusts

08/05/2011 - In his State of the Union address this year, President Barack Obama called for increased investment to spur American innovation because “none of us can predict with certainty what the next big industry will be, or where the new jobs will come from.” In the wake of the speech, the host of CNBC’s Wall Street Journal Report, Maria Bartiromo, interviewed Rebecca Rimel, The Pew Charitable Trust’s President and CEO, and Pew Biomedical Scholars Dr. Carol Greider and Dr. Matthew Evans on the need for increased investment in America’s young scientists. The report focused on the Pew Scholars in Biomedical Sciences program, which last year celebrated its 25th anniversary. The program has awarded more than $125 million to more than 500 promising researchers, enabling these scientists to take calculated risks, expand their research and explore unanticipated leads. Three recipients, including Greider, have gone on to win the Nobel Prize.

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