What Do California Voters Want from Their Stem Cell Agency’s Multibillion-Dollar Smorgasbord?

More than 16 years ago, California voters created what has become a $12 billion stem cell research enterprise with the expectation that it would develop miraculous cures for diseases that afflict hundreds of millions of people. 

That expectation has not yet been met. Nonetheless, state voters last year refinanced the effort with $5.5 billion via Proposit…