Posts Tagged: $5 billion
News
With cannabis taxes to rise on Jan. 1 and a legitimate business landscape plagued by a thriving black market, California’s marijuana industry faces uncertainty. The tax hike — like others before it — stems from a state law requiring the California Department of Tax and Fee Administration to recalculate the cultivation tax rates once a year because of inflation.
News
A London-based biotech firm has given up its life-saving treatment for the bubble baby disease and turned it over to California’s $12 billion stem cell agency and UCLA, where it was developed with tens of millions of taxpayer dollars.
Opinion
OPINION: As gun sales and gun deaths have continued to surge since the onset of the pandemic, California’s underinvestment in violence intervention programs has become a glaring policy failure. Even after January 2021 proved to be California’s single deadliest month for gun homicides since 2007, the governor and state legislators have still not agreed to make funding the California Violence Intervention and Prevention (CalVIP) grant program a priority.
News
The campaign to save California’s stem cell research program from financial extinction is making an “unprecedented,” electronic sprint to gather the final signatures to qualify its $5.5 billion rescue measure for the November ballot.
News
The current coronavirus emergency and the practice of social distancing are likely to put a crimp in gathering signatures to qualify a $5.5 billion stem cell initiative for the November ballot in California.
News
The man regarded as the father of the $3 billion California stem cell agency is thinking about changes in the program to help win voter approval of another $5 billion for the research program. They include a stronger requirement to make state-backed, stem cell therapies more affordable and accessible and to provide more cash for creating a greater stem cell work force in the Golden State.
News
California’s state stem cell agency is down to its last $67.3 million following a decision Thursday to back research to enhance bone healing in elderly patients who undergo spinal surgery. The $4 million award went to Ankasa Regenerative Therapeutics following little discussion among members of the governing board of the $3 billion California Institute for Regenerative Medicine.
News
The California stem cell agency says the Trump administration’s moves against research involving fetal tissue have had no impact on the projects that it is financing, at least so far. The agency, formally known as the California Institute for Regenerative Medicine (CIRM), was responding to a question originally raised by a reader of the California Stem Cell Report.
Recent News
The recent federal crackdown on the use of fetal tissue in scientific research could well be a harbinger of an effort to revive restrictions on the use of human embryonic stem cells, placing a roadblock in the way of creation of therapies to treat often deadly afflictions that affect millions of Americans. And it could have an impact on the fate of California’s $3 billion stem cell program, which expects to run out of money for new awards by the end of next year.
News
California’s stem cell agency gave away $14 million this month, which could be described as less than a drop in its $3 billion bucket. But the talk at the agency’s awards meeting July 19 was not about largess. Instead it was about the lack of cash, lack of time and the need to split “babies” and “buckets.”
Commercial marijuana being dried at a California facility. (Photo: Shutterstock)
