Business Success Rate at Stem Cell Agency: Zero in Latest Round After 14 Fail
California biotech companies chalked up a zero in the latest funding round by the state's $3 billion stem cell agency, although 14 tried to run a gauntlet that industry has complained about for years.
All $69 million in last month's translational research round went to 21 academic and nonprofit insitutions. No business received an award. One firm, Eclips…
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