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Stem cell agency halts new grant applications

A stem cell researcher with microscope and digital tablet. (Photo: moreimages, via Shutterstock)

The $3 billion California stem cell agency, which is running out of cash, has served notice that it would stop accepting applications for more research awards beginning next month. The low key announcement on Thursday is another step towards the looming demise of the 14-year-old agency, created by voters in November 2004.

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