Posts Tagged: five-year strategic plan

Stem cell agency: Following the money — and its performance

A research scientist examines a capsule with a DNA double helix. (Photo: Dan Race, via Shutterstock)

by DAVID JENSEN posted 12.17.2021

One year ago this month, a $5.5 billion wave washed over California’s ambitious stem cell agency and left it refreshed and renewed for another decade or so of searching for “miraculous” treatments for a host of deadly, incurable afflictions. It is now on a pace to hand out $38,000 an hour, 24 hours a day, seven days a week.  That would amount to $519 million in awards between this time last year and the end of the agency’s current fiscal year in June.

State stem cell agency follows the money — $5.5 billion

A pipette and receptacles used in stem cell research. (Photo: CI Photos)

by DAVID JENSEN posted 03.24.2021

The talk at the California stem cell agency this week was of ”boiling the ocean,” the meaning of “unlikely” and “DEI.” All of which involves how $5.5 billion in taxpayer dollars will be used over the next decade or so.