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April 29, 2014

$3M bond would help Down East lab

A $3 million bond proposal signed by Gov. Paul LePage would benefit Mount Desert Island Biological Lab, a nonprofit biomedical research firm in Bar Harbor, if approved by voters this fall.

The bond would provide Maine with an investment “in a key and rapidly growing sector of the state’s economy,” said state Sen. Emily Cain, D-Orono, who sponsored the measure.

"By building off of Maine’s competitive advantage in microbiology and medical research,” she said in a prepared statement, “we can get Mainers working again and grow our economy.”

Dr. Kevin Strange, president of the MDI lab, said the bond would help his firm expand research and development opportunities, create high-quality jobs and allow it to compete for federal research grants. He and fellow scientist Voot Yin were named as Nexters in 2013 by Mainebiz, an honor that recognizes people who will influence the future of Maine’s economy.

The Associated Press reported LePage signed another bond proposal for $10 million that would be matched with $11 million in federal funds to help with cancer research. He also signed a $8 million bond proposal for a lab at the University of Maine Cooperative Extension.

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