Sec. 5. Grants for basic or preclinical research into regenerative medicine
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The Secretary may make grants to eligible entities for the purpose of funding basic or preclinical research into regenerative medicine. The Secretary may make a grant under this section for research only if— the research is carried out directly by the grant recipient; the research is partly funded by one or more private entities; and the amount of the grant does not exceed the total amount provided for the research by private entities (other than the grant recipient itself). A grant under this section may be made on such terms and conditions as the Secretary determines appropriate.
In awarding grants under this section, the Secretary shall take into consideration the priorities established by the Regenerative Medicine Coordinating Council under section 4(e). In this section: The term eligible entity means a nonprofit entity or an institution of higher education. The term institution of higher education has the meaning given that term in section 101 of the Higher Education Act of 1965 (20 U.S.C. 1001). The term nonprofit entity means an entity that— is described in section 501(c)(3) of the Internal Revenue Code of 1986 ( 26 U.S.C. 501(c)(3) ); and is exempt from tax under section 501(a) of the Internal Revenue Code of 1986 ( 26 U.S.C. 501(a) ).
The term Secretary means the Secretary of Health and Human Services, acting through the Director of the National Institutes of Health.
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