The Niche

CIRM training grants approved, but awards uncertain in financial climate

The governing board for the California Institute of Regenerative Medicine announced that it had decided to award $58 million to 26 grants for training stem-cell scientists and lab technicians. Delivery of these funds will have to wait, however, because California is unable to sell bonds on the public market. CIRM board members are even discussing raising funds through the private bond market. (See the press release as well as the story from the San Diego Tribune and the San Francisco Chronicle ) 

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