Klein: Federal Backing Could Lead to $1 Billion CIRM Loan Effort
Chairman Robert Klein of the California stem cell agency is proposing that the Obama administration provide loan guarantees that he projects would allow the Golden State to mount an ambitious $1 billion lending program for the biotech industry.
He broached the proposal at a Nov. 19 meeting of the Finance Subcommittee of the CIRM board of directors and p…
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