Site Search

>> Advanced Search

Free Newsletter

  Email address:
   

In the News
Greg Scott presents industry update during JPMorgan
>> View video…

>> More News...

Now on Twitter!
 

Twitter ID: ChinaBio

Breaking News: California’s $3 Billion Stem Cell Fund Signs MOU with China

publication date: Oct 17, 2009
 | 
author/source: Richard Daverman, PhD
Print Send a summary of this page to someone via email.
In a story postdated to Monday, October 19, 2009, The California Institute for Regenerative Medicine (CIRM) revealed it has signed an agreement to collaborate on stem cell research with China’s Ministry of Science and Technology.

The announcement was little more than a headline. Details will most likely be released on Monday.

CIRM was established in 2004 with a $3 billion budget earmarked for funding research on stem cells. CIRM’s charter required that the money would be spent over a ten-year period, and grants would be given only to California-based institutions, both public and private. It is not clear how CIRM will cooperate with MOST, given the second provision.

Opponents of the initiative kept CIRM tangled up in legal proceedings for its first two years of existence, slowing the release of the first grants, though they are now being announced on a regular schedule. The majority of the first grants are being given to California academic institutions (not to private companies). The universities and institutes are using much of the initial round to build new facilities dedicated solely to stem cell research.

See our other articles on CIRM.

Disclosure: none.

Comments


Login

 

 
   
ChinaBio® Events
April 14, 2010
Guangzhou, China

SEED Final Competion and Award Ceremony
April 23, 2010
Shanghai, China
Suzhou, China
June 23-24, 2010
 
Partner Events

China 2010 Pharmaceutical R&D Summit
Shanghai, China
April 5-8, 2010

Our Partners
Annual Sponsors
 
Official Partners
 
Supporting Partners
 
Media Partners