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Stem cell agency refi: LAO sees $7.8 billion price tag
A pipette and vessels usd in stem cell research. (Photo: CI Photos, via Shutterstock)The price tag for refinancing California’s unique and ambitious stem cell research program could run to close to $7.8 billion, give or take a few hundred million dollars or more. So says the state’s legislative analyst in a financial analysis of a proposed ballot initiative that is likely to be on next November’s ballot.