Stem Cell Agency To Receive $50.8 Million in Additional Funding

Oct 20, 2011

∙ Paid

The California stem cell agency, which was slated to run out of cash next June, will receive $50.8 million from yesterday's sale of state bonds, the state treasurer's office said today.

Under normal circumstances, the agency could be entitled to as much as $350 million annually in bond proceeds. We have queried CIRM concerning its perspective on the imp…

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