|(Courtesy of College of Pharmacy web page)|
Science Market Update
Science researchers at the University of Texas at Austin have received a $3.3 million, five-year grant from the National Institute on Alcohol Abuse and Alcoholism to work on a medication to treat alcoholism and drug addiction, according to a UT Austin news article. The donating institute is a part of the National Institutes of Health.
The University of Texas Board of Regents voted to give $30 million annually for eight years and $25 million annually thereafter to create a medical school in Austin. The university says its aim in creating the school is to participate more actively in medical research and draw in innovative faculty members and students. The pledge is also aiming to bring more doctors, jobs, and improved healthcare to the city of Austin.