Photo by ANDREI ASKIRKA via ShutterstockNine California research organizations will vie behind closed doors this week as the state’s stem cell agency scores their bids to kick off what would be a first-in-the-nation, $80 million manufacturing network to speed the development of revolutionary medical therapies.
A scientist with a pipette doing cellular research. (Photo: 18percentgrey, via Shutterstock)OPINION: At a time of budget crisis, Proposition 14 commits California to spending $5 billion (plus interest) that we don’t have, on a bureaucracy we don’t need, in pursuit of cures no one can guarantee. Specifically, Prop. 14 would refinance the California Institute for Regenerative Medicine (CIRM), also known as the state stem cell agency.
Stem cells for treating cancer in microtubes. (Image: Science Photo, via Shutterstock)Backers of the financially stressed California stem cell agency yesterday filed their proposed ballot measure to refinance the agency with $5.5 billion if voters approve it in November 2020. The complex, 30-page initiative would also restructure a number of aspects of the agency and provide for financial assistance for patients and their families who might be involved in clinical trials.
Ed’s Note: Here is the full text of the response from the California stem cell agency to a query about the five most important things that it thinks Californians should know about the $3 billion effort.