The California Stem Cell Report

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The California Stem Cell Report
CIRM Loans Turning Into Cash

CIRM Loans Turning Into Cash

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David Jensen
Feb 29, 2008
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The California Stem Cell Report
CIRM Loans Turning Into Cash
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(Editor's note: The following was based on incorrect information from the state treasurer's office. The notes were repaid and no windfall exists.)

The California stem cell agency appears to be the beneficiary of an $11 million windfall.

It comes in the form of cash from the Gordon and Betty Moore Foundation -- $10 million – and another $1 million from Ca…

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