Gov. Jim Doyle announced $2 million in new state funding for a Madison-based firm that applies stem cell research technology for drug development and screening.
Doyle said the state will provide a $1 million technology development grant and an additional $1 million in technology development loans to Cellular Dynamics International Inc., which was founded by University of Wisconsin-Madison researchers James Thomson, Craig January and Timothy Kamp.
During an appearance at the firm’s headquarters Monday morning, Doyle vowed to veto a bill banning so-called human cloning, which is up for action in the state Senate today.