The California Stem Cell Report

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The California Stem Cell Report
Fast-Tracking CIRM Cash for Business

Fast-Tracking CIRM Cash for Business

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David Jensen
Dec 05, 2008
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The California Stem Cell Report
Fast-Tracking CIRM Cash for Business
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Biotech businesses could get a hefty financial helping hand under a plan coming up early next week before the directors of California's $3 billion stem cell agency.

The proposal would dramatically accelerate funding of grants to the private sector, delivering cash immediately on approval of the grants, as opposed to months later.

CIRM said,

"The biotechnol…

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