Financial Terms Approved Today for California's $150 Million, Stem Cell Powerhouse.

Apr 08, 2016

∙ Paid

Highlights
Likely a major legacy
$75 million loan, 50 percent to be repaid
Convertible notes could sold by CIRM
Changes in application review?

Directors of California's stem cell agency this morning approved financing terms for a proposed, $150 million, public-private company that the agency hopes will accelerate the creation of long-sought stem cell therapi…

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