California institute to help stem-cell biotechs

Hayden, Erika Check
September 2008
Nature;9/25/2008, Vol. 455 Issue 7212, p436
Academic Journal
The article reports on the launching of a loan programme by the California Institute for Regenerative Medicine (CIRM) in the U.S. The programme aims to help private biotechnology companies while providing a funding stream for the institute. The loans aim to help companies bring stem-cell discoveries to the clinic. In addition, it will foster a closer relationship between the biotechnology industry and the CIRM which was created in 2004. Meanwhile, PriceWaterhouseCoopers LLP has calculated that the institute stands to make at least $100 million over an 8-10 year programme.


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