An illustration of seismic activity coupled with California. (Image: Allexxandar, via Shutterstock)The Northridge earthquake in 1994 killed people and damaged property. That is not all. That disaster also created the California Earthquake Authority, a public entity that oversees earthquake insurance coverage and makes it available to those who want it.
An illustration of DNA being injected into a stem cell. (Image: Spectral-Design, via Shutterstock)The folks in Orange Cove in California’s agriculturally rich Central Valley care about the cost of health care. It is part of their struggle each day as they try to live on $27,000 a year, the lowest median household income of any town in the Golden State. Over in Oakland at the headquarters of the $12 billion state stem cell agency, the folks there are also worried about the cost of health care, particularly cell and gene therapies that may well cost upwards of $2 million.
A stem cell researcher at work. (Photo: 18percentgrey, via Shutterstock)The California stem cell agency handed out $16.4 million in research grants seeking therapies for afflictions ranging from gum disease and cancer to vision loss and Parkinson’s Disease. The award for Parkinson’s was relatively tiny — only $150,000 — but represented a rare case in which the agency’s governing board overturned its reviewers, who make the de facto decisions on awards