California Adds $147 Million to its Next Six Months Spending for Gene and Stem Cell Research

Directors of the California stem cell and gene therapy program made quick work yesterday of a proposal to funnel $147 million into research grants to state scientists during the first six months of next year.

Most of the money -- $73 million -- will go for clinical stage research.  An additional $63 million is slated for basic or discovery research. Nearly $11 million will go for a college training program, which CIRM (California Institute for Regenerative Medicine) classifies as research. No additional funds were approved for translational work. 

The action will bring the total CIRM research budget for 2024-2025 to $431 million, with its discovery/basic rounds garnering the greatest share. Basic research consumes $153 million and clinical $121 million. Translational research awards total $60 million, with education/training at $10.6 million and infrastructure at $87 million.