Posts Tagged: miraculous

California’s plan for ‘miraculous’ cures — at $49,000 per hour

A liquid nitrogen bank containing a suspension of stem cells for biomedical research. (Photo: Elena Pavlovich, via Shutterstock)

by DAVID JENSEN posted 07.08.2022

California is planning on spending $49,000 an hour, 24 hours a day, seven days a week during the next year to help scientists develop what some describe as “miraculous” cures and treatments for currently deadly afflictions. The spending plan was approved with no fuss last month while state lawmakers and the governor wrestled more noisily with a $308 billion state budget

Stem cell money flows, as search expands for ‘miraculous’ cures

Photo illustration of a doctor analyzing stem cells. (Image: CI Photos, via Shutterstock)

by DAVID JENSEN posted 03.31.2022

California’s stem cell agency, created as a way to develop revolutionary cures based on human embryonic stem cells, has awarded  $316 million over the last 12 months, most of it backing a type of therapy that was not even on the agency’s radar when it was created in 2004.