The California Stem Cell Report

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The California Stem Cell Report
CIRM Nearly Awash in Cash -- Sort Of

CIRM Nearly Awash in Cash -- Sort Of

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David Jensen
Nov 21, 2006
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The California Stem Cell Report
CIRM Nearly Awash in Cash -- Sort Of
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The cash will start rolling into the California stem cell agency by the end of the year – some $181 million that will go for financing its first research grants more than two years after voters approved the creation of CIRM.

Most of the money comes from a $150 million loan of state funds authorized by the governor of California. The additional funds will…

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