This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

American Society Of Hematology Announces First Recipients Of Bridge Grants To Support Critical Blood Disease Research During Current Period Of Funding Restrictions

The first round of ASH's one-year, $100,000 bridge grants awarded today will allow 17 basic, clinical, and translational hematology researchers whose NIH R01 series grant applications were deemed excellent by NIH peer review but not funded due to budget cutbacks to continue their critical research on blood diseases. The Society will award at least 30 bridge grants each year over the next three years to help support recipients as they work to secure funding to allow their critical research to move forward.

Research supported by ASH's inaugural round of bridge grants spans the breadth of hematology. Funded projects range from exploring a gene signaling pathway that will allow researchers to better understand chemotherapy resistance in children with acute myeloid leukemia to exploring how red blood cells respond to oxidative stress. Other projects to receive ASH bridge grant funding include studies that seek to gain additional insight into the behavior of gene signaling in lymphoma, the role of a critical marker of blood-forming stem cells, and how proteins when modified induce dangerous arterial blood clots which are a leading cause of acute coronary syndrome and cardiovascular death.

The awards announced today represent the first of two award cycles to occur this year. The second 2013 application deadline will be April 19, and applicants will be notified of acceptance on or around July 1. Beyond the Society's financial commitment that will provide for two rounds of approximately 15 bridge grants to be awarded annually through 2015, additional awards will be supplemented by support from corporate and individual contributors. Generous support from Amgen, Atlanta Convention & Visitors Bureau, Genentech, GlaxoSmithKline, Millennium: The Takeda Oncology Company, and Novartis enabled the Society to award several additional Bridge Grants as part of this first round.

The "Rally for Medical Research," backed by more than 200 partner organizations across the country, serves as a unified call to action to researchers, clinicians, patients, and other advocates to raise awareness of the need for sustained investment in the NIH to improve health, spur more progress, inspire more hope, and save more lives. ASH's support of the rally is one of many components of a multifaceted approach the Society launched last year to address devastating NIH budget cuts, which included the establishment of the Bridge Grant program, the creation of the ASH Foundation, enhanced advocacy, and increased communication to the media about the importance of federally funded biomedical research and to the ASH membership to encourage everyone to join the effort and make their voices heard.

"Through ASH's support of these 17 tremendous research projects as well as our leading role in today's 'Rally for Medical Research' we hope to convey a loud, clear message that this is time to invest – not to defund – science," said Dr. Abkowitz. "We will continue working hard to urge Congress to develop a balanced approach to deficit reduction that does not involve further cuts to biomedical research."

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs