The California Stem Cell Report

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The California Stem Cell Report
California Stem Cell Agency Still in Talks on $40 Million for StemCells, Inc.

California Stem Cell Agency Still in Talks on $40 Million for StemCells, Inc.

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David Jensen
Nov 21, 2012
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The California Stem Cell Report
California Stem Cell Agency Still in Talks on $40 Million for StemCells, Inc.
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The California stem cell agency and StemCells, Inc., are still trying to reach agreement on a deal in which the company would receive $40 million from the state's taxpayer-funded research effort.

The sticking point is the $40 million in matching funds required from the Newark, Ca., firm under the terms of the two awards approved in July and September. Th…

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