The California Stem Cell Report

Share this post

User's avatar
The California Stem Cell Report
Verastem Bid for Nearly $10 Million from California Nixed

Verastem Bid for Nearly $10 Million from California Nixed

David Jensen's avatar
David Jensen
Jul 22, 2014
∙ Paid

Share this post

User's avatar
The California Stem Cell Report
Verastem Bid for Nearly $10 Million from California Nixed
Share

A Massachusetts firm called Verastem, Inc., heard some bad news recently about its pitch for $9.9 million from the $3 billion California stem cell agency.

The Cambridge firm sought the cash from the agency to help out with a clinical trial dealing with breast cancer.


However, the agency’s directors were told in a memo on the CIRM Web site, 

“Weaknesses in …

Keep reading with a 7-day free trial

Subscribe to The California Stem Cell Report to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 David Jensen
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share