The California Stem Cell Report

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The California Stem Cell Report
Stem Cell Agency Strikes New Financial Deal with State of California

Stem Cell Agency Strikes New Financial Deal with State of California

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David Jensen
Oct 24, 2011
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The California Stem Cell Report
Stem Cell Agency Strikes New Financial Deal with State of California
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The $3 billion California stem cell agency has worked out a creative, new financial arrangement with the Brown Administration and the state treasurer that assures the agency of cash at least until 2013.

CIRM was on track to run out of funds late next spring because of the earlier suspension of the sale of state bonds, the agency's only real source of mon…

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