California Stem Cell Research Spending to Hit Nearly $500 Million by End of June

Thirty-two percent increase scheduled by state agency

CIRM graphic

California’s stem cell research spending would climb to nearly $500 million, including $80 million for “infrastructure” proposals over the next seven months, under a plan approved Monday by a key panel.

The action added a total of $114 million to the previous research budget of $360 million. It now goes to the full board of the stem cell agen…