Governor Patrick Inks UMass Business Deal In U.K.

BOSTON (CBS) – Governor Deval Patrick’s trip overseas is proving to be a success.

The governor announced today he was able to work out a strategic partnership between the UMass Human Stem Cell Bank and Registry and the United Kingdom Stem Cell Bank.

The two stem cell banks agree to share their best practices and to collaborate on standards for stem cell production.

“This agreement is an important step toward advancing groundbreaking scientific research, developing life-saving cures and building the life sciences economy of the future in both Massachusetts and the UK,” said Governor Patrick.

“Stem cell research has already led to exciting new developments in medicine and is at the forefront of 21st century medical exploration. We are excited to play a critical role in that progress.”

Patrick was in the United Kingdom on the second leg of his business tour.

John Hailer, CEO of Natixis talks to WBZ NewsRadio 1030 about Governor Patrick’s visit to the U.K.

Patrick spent last week meeting potential business partners in Israel.

The governor says the trip was s till a success, pointing out that he was able to build stronger personal relationships in that country.


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