Posts Tagged: Stem cell
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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.
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The University of Southern California in Los Angeles is coughing up $50 million and publicly apologizing for its tactics in recruiting a star Alzheimer’s researcher from UC San Diego, it was reported Thursday. The Los Angeles Times story about the unprecedented settlement described the case as an “ugly academic war.” It had the potential of bringing $340 million in research grants to USC.
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The man expected to lead the drive for $5.5 billion more for California’s stem cell agency today said the Trump restrictions on fetal tissue research represent a dangerous precedent that threatens the health of all Americans.
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The man regarded as the father of the $3 billion California stem cell agency is thinking about changes in the program to help win voter approval of another $5 billion for the research program. They include a stronger requirement to make state-backed, stem cell therapies more affordable and accessible and to provide more cash for creating a greater stem cell work force in the Golden State.
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In just nine days, the California stem cell agency will take a close look at its future, examining its budget for the coming fiscal year as well as the possibilities for a ballot initiative in 2020 that could stave off its financial demise. The $3 billion enterprise, known formally as the California Institute for Regenerative Medicine (CIRM), expects to run out cash for new research awards this year, perhaps as early as September.
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California Attorney General Xavier Becerra is remaining mum on regulation of “snake oil,” stem cell clinics as the Golden State pursues a go-slow approach to cracking down on the dubious treatments.More than 100 such clinics are operating in California, the most of any state in the nation. New York state earlier this month took the lead among states in attempting to regulate the clinics.
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Legislation to help stem the tide of unregulated stem cell clinics in California is still being drafted, but is expected to be introduced by the end of this month. Art Torres, vice chairman of the California stem cell agency, is working on the measure, which is expected to be authored by Assemblyman Kevin Mullin, D-San Mateo.
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California today became the first state in the nation to launch itself into the sizzling field of gene therapy, backed by tens of millions of dollars and with the hope of creating treatments that could permanently cure afflictions ranging from hemophilia to cancer.
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A relatively obscure stem cell scientist last week one-upped — sort of — one of the more powerful lawmakers in the United States Senate. It was not a direct, head-to-head contest — just sort of a rough comparison involving Democratic politics in California.
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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