California Funds Stem Cell Research

SFC – Excellent, the more the better –

California’s Proposition 71 stem cell program approved its first research grants Friday, using borrowed funds to outmaneuver lawsuits and financing delays that had threatened to scuttle the program before it could get started.

Directors of the California Institute for Regenerative Medicine announced 72 grants worth $45 million over the next two years — roughly equal to the amount of federal support for human embryonic stem cell research.

Eighty million dollars in state grants are expected next month, more than enough to make California the world’s No. 1 backer of biomedicine’s most ethically contentious research



-Shlok
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18. February 2007 by Shlok Vaidya
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