Aggregated News
The problem: Should the state stem cell institute keep approving research grants, even though it will run out of money about the end of September because of the state budget impasse?
The answer: a resounding yes.
After lengthy discussion Thursday night and yesterday, the institute's board decided to forge ahead with its grants while simultaneously looking for outside money sources.
The California Institute for Regenerative Medicine board has approved awarding $635 million in grants to support stem cell research. Yesterday, the board approved $58 million more in grants to train scientists and laboratory technicians, under the condition that it can raise the money.
“What really happened here is that it came home for the first time just how absolutely dire the state's financial situation is,” John Simpson of the nonprofit Consumer Watchdog organization said after the board meeting in Burlingame.
“People are just beginning to wake up to how totally irresponsible it is of the governor and Legislature to not work out a solution to this horrible financial mess,” Simpson said.
The board's action also sends a message of hope...
The answer: a resounding yes.
After lengthy discussion Thursday night and yesterday, the institute's board decided to forge ahead with its grants while simultaneously looking for outside money sources.
The California Institute for Regenerative Medicine board has approved awarding $635 million in grants to support stem cell research. Yesterday, the board approved $58 million more in grants to train scientists and laboratory technicians, under the condition that it can raise the money.
“What really happened here is that it came home for the first time just how absolutely dire the state's financial situation is,” John Simpson of the nonprofit Consumer Watchdog organization said after the board meeting in Burlingame.
“People are just beginning to wake up to how totally irresponsible it is of the governor and Legislature to not work out a solution to this horrible financial mess,” Simpson said.
The board's action also sends a message of hope...