[Source: GenomeWeb News] – The Translational Genomics Research Institute is expected to see a reduction starting this year in its annual subsidy toward operational expenses from the state of Arizona, as a result of state officials formally approving TGen’s alliance and affiliation agreement with the Van Andel Research Institute.
The Arizona Biomedical Research Commission last week signed off on the agreement, as well as a change in policy that ended the state’s commitment to paying TGen a fixed annual $5.5 million subsidy. That figure does not include competitive grants awarded to its researchers by the commission.
Under the change, TGen would receive about 44 percent of the share of tobacco tax revenue received by the commission, up to $5.5 million each year — the proportion of total funding received by TGen in prior years.
The change will likely result in the institute receiving less than its customary $5.5 million from the state annually, starting this year, since tobacco sales tax collections have fallen along with sales of the products, Dawn Schroeder, the commission’s executive director, told GenomeWeb Daily News.
For more information: Arizona Ends Fixed Subsidy for TGen