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The California Stem Cell Report
California Bets $55 Million on 'Teabag' Diabetes Treatment

California Bets $55 Million on 'Teabag' Diabetes Treatment

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David Jensen
Sep 10, 2014
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The California Stem Cell Report
California Bets $55 Million on 'Teabag' Diabetes Treatment
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BERKELEY, Ca. -- California today beefed up its investment in a “teabag” therapy for diabetes, bringing the total to $55 million in an effort to develop a “virtual cure” for an affliction that affects 347 million people worldwide.

It is believed to be the largest direct investment that the state has ever made in a company. The therapy also involves the m…

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