Posts Tagged: therapies

News

Stem cell agency: Following the money — and its performance

A research scientist examines a capsule with a DNA double helix. (Photo: Dan Race, via Shutterstock)

One year ago this month, a $5.5 billion wave washed over California’s ambitious stem cell agency and left it refreshed and renewed for another decade or so of searching for “miraculous” treatments for a host of deadly, incurable afflictions. It is now on a pace to hand out $38,000 an hour, 24 hours a day, seven days a week.  That would amount to $519 million in awards between this time last year and the end of the agency’s current fiscal year in June.

News

CA stem cell agency lauds multibillion-dollar ’47’ deal

A laboratory stem cell researcher uses a laptop in conjunction with a microscope. (Photo: moreimages, via Shutterstock)

A small firm in Menlo Park, Ca., is probably the only company in the nation that is named after the number of a particular human protein. It is a small number too, only 47. But it has large implications for California’s financially strapped state stem cell agency.

News

Stem cell agency refi: LAO sees $7.8 billion price tag

A pipette and vessels usd in stem cell research. (Photo: CI Photos, via Shutterstock)

The price tag for refinancing California’s unique and ambitious stem cell research program could run to close to $7.8 billion, give or take a few hundred million dollars or more. So says the state’s legislative analyst in a financial analysis of a proposed ballot initiative that is likely to be on next November’s ballot. 

News

Stem cell agency indirectly boosted by national industry group

A clinical researcher with a multi-pipette arrangement of cancer stem cells. (Photo: Science Photo, via Shutterstock)

One of the nation’s leading regenerative medicine industry groups is touting multi-billion dollar savings that may be achieved with the type of stem cell and gene therapies that are being developed with cash from California’s financially beleaguered stem cell program.

News

$5.5 billion stem cell bond called a ‘moral obligation’

A scientist examines cells in a biological laboratory. (Photo: anyalvanova, via Shutterstock)

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. 

Recent News

A European view of California’s stem cell agency

A pipette and recepticles used in stem cell research. (Photo: CI Photos)

Some folks in Europe are worried about stem cell research, particularly about organizations like California’s $3 billion stem cell agency. The alarm was sounded just yesterday in Horizon, which calls itself  “The EU Research and Innovation Magazine.”

News

Stem cell agency: No giveaways in $150 million plan

A high-resolution image of human egg cells. (Jezper, via Shutterstock)

The president of the California stem cell agency, Randy Mills, yesterday said that the firms that responded to an ambitious proposal to create a $150 million public/private partnership were seeking to make a “better deal” than the agency had offered. Mills said that the agency was “not going to give away something that is not in the best interests of the people of California.”

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