January 29, 1999
Research Venture on Umbilical-Cord Blood Proves Costly for U. of Arizona
The University of Arizona hoped to generate research opportunities and a new source of financing for that research when it struck a deal in 1993 with a company that preserves umbilical-cord blood.
After some fits and starts, including a jump to a different company, Arizona got what it was looking for. It also got something it hadn't foreseen: a court judgment requiring the university to pay more than
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