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State stem cell agency looks to avoid extinction
A stem cell researcher examines a vial in the laboratory. (Image: CI Photos, via Shutterstock)In just nine days, the California stem cell agency will take a close look at its future, examining its budget for the coming fiscal year as well as the possibilities for a ballot initiative in 2020 that could stave off its financial demise. The $3 billion enterprise, known formally as the California Institute for Regenerative Medicine (CIRM), expects to run out cash for new research awards this year, perhaps as early as September.