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California’s stem cell program — big money, but lackluster oversight
California’s multibillion-dollar, cell and gene therapy program has a special spot in the pantheon of the hundreds of government departments in the Golden State. It is immune from the normal oversight of the governor and state lawmakers. Its cash — now set at $5.5 billion over the next decade — flows freely and directly to the stem cell agency with no inconvenient meddling by elected officials.