The California Stem Cell Report

Share this post

User's avatar
The California Stem Cell Report
California's Stem Cell Agency Receives a $1 Billion Validation

California's Stem Cell Agency Receives a $1 Billion Validation

Roche's purchase pushes Poseida stock 215 percent higher

David Jensen's avatar
David Jensen
Dec 04, 2024
∙ Paid

Share this post

User's avatar
The California Stem Cell Report
California's Stem Cell Agency Receives a $1 Billion Validation
2
Share
Google chart

The $1 billion sale of Poseida Therapeutics last week is good news for California’s stem cell and gene therapy agency, which is looking for stories to demonstrate its impact on the search for revolutionary therapies.

The state agency, officially called the California Institute for Regenerative Medicine (CIRM), has invested $24 million in Pos…

Keep reading with a 7-day free trial

Subscribe to The California Stem Cell Report to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 David Jensen
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share