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Tuesday, 16th October 2012
In General Japan News,

Japanese Nobel Prize winner may get billions of yen

The Japanese government is considering awarding Shinya Yamanaka with up to 30 billion yen (£2.37 million).

Dr Yamanaka might be given extra funds for his stem cell research work over the next ten years, as reported in Tokyo Times.

An anonymous official of the Japanese science and technology ministry said that the scientist, who has been recently awarded the Nobel Prize in Medicine, would receive at least 2.7 billion yen over the next fiscal year.

"The government plans to continue this programme for the following 10 years, while Dr Yamanaka will also receive other subsidies as well," the minister said.

This funding was already planned prior to the presentation of the Nobel Prize, the unnamed official said.

Celebrated for the work in the field of induced pluripotent stem (iPS) cells, the doctor's research used a fully developed adult cell to create an iPS cell that can potentially regenerate into healthy tissues. He shared the honour with UK scientist, John Gurdon.

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