StemCells, Inc., Wins Another $20 Million From California Stem Cell Agency
Following a second impassioned pitch by its former chairman, Robert Klein, the governing board of the California stem cell agency approved a $20 million award to a financially strapped biotech firm, StemCells, Inc., of Newark, Ca.
Approval came on a 7-5 vote with the condition that the company demonstrate it has access to $20 million in matching funds pr…
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