California Places Hold on a "Tsumani" of Applications for Millions to Finance Clinical Stage Stem Cell and Gene Therapy Research

Move made because of extraordinary strain on budget and personnel

The CIRM board meeting this morning was based at its South San Francisco headquarters. Only three members of the board were in physical attendance. The other 32 weighed in remotely. California Stem Cell Report photo

SOUTH SAN FRANCISCO -- Directors of the $12 billion California stem cell agency approved a proposed five-month hold today on applications fo…