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The Kansas Bioscience Authority has seen a 45 percent drop in total revenue compared with 2012, with most of the loss coming from a decrease in state funding.

The KBA's board of directors met today to discuss the KBA's latest financial report and other items. The report showed a decrease in state support of nearly $11 million, from $14 million in the 2012 fiscal year to $3.2 million transferred in 2013.

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