The California Stem Cell Report

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The California Stem Cell Report
$500 Million Stem Cell Loan Effort: Klein Legacy Plan Receiving Heave-Ho

$500 Million Stem Cell Loan Effort: Klein Legacy Plan Receiving Heave-Ho

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David Jensen
Mar 19, 2015
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The California Stem Cell Report
$500 Million Stem Cell Loan Effort: Klein Legacy Plan Receiving Heave-Ho
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The California stem cell agency tomorrow is expected to all but bury a $500 million loan plan pushed by its first chairman, Robert Klein, and replace it with something exceedingly more modest.

The current loan effort is “overly complex, administratively burdensome, and, as reflected in the number of loans issued, it does not appear to be attractive to in…

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