The California Stem Cell Report

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The California Stem Cell Report
StemCells, Inc., Nails Down Controversial, $19 Million Award from California Stem Cell Agency

StemCells, Inc., Nails Down Controversial, $19 Million Award from California Stem Cell Agency

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David Jensen
Apr 11, 2013
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The California Stem Cell Report
StemCells, Inc., Nails Down Controversial, $19 Million Award from California Stem Cell Agency
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The stock price of StemCells, Inc., price today jumped as much as 9 percent after the company disclosed it had finally concluded an agreement with the California stem cell agency for a $19.3 million forgivable loan for research twice rejected by the agency's scientific reviewers..

The stem cell agency governing board seven months ago approved the loan to…

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