California Stem Cell Royalties: A Mere Half-Million Dollars, But Likely to Grow

Then there is the new "Fund 1031" and its potential

Graphic by Franchise Direct

California’s royalties from its stem cell research program now total $557,292, considerably less than the projected $1.1 billion figure that was bandied about during the ballot campaign to create the state’s stem cell program. 

Royalties are likely to rise, however, as more and more of the state-funded research is utilized in p…