California's $5.5 Billion Stem Cell Countdown: Sixty Percent on the Way to the Ballot

The $5.5 billion, California stem cell initiative this afternoon climbed closer to qualifying for the ballot but still remains more 200,000 signatures away from going before voters in the fall. 

The measure is an effort to financially rescue the California stem cell agency, which is running out of money. It will begin shutting down this fall without subs…