Lawyers specializing in stem cell technologies are handling a steady growth in patent work and, for the first time, vetting investment opportunities for private equity firms as philanthropists and states outside California step up funding for research in the area.

Already, private investments, such as New York Mayor Michael Bloomberg’s $100 million donation to Johns Hopkins University last year, have spurred an uptick in patent work. In recent months, some lawyers have advised private equity firms looking to invest in startups with stem cell technologies.

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