Biotech Industry Scores in Stem Cell Agency Grant Round: Beginning of a Trend?
Proposal by Tim Hoey
of OncoMed outscored
leading research institutions.
In what is a first for the $3 billion California stem cell agency, biotech firms have snagged 20 percent of the cash in a grant round offered by the state's research enterprise.
The industry has long been unhappy with its picayune share of the $1.3 billion that CIRM has given away so…
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