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Stem cell agency is urged to restructure

from San Francisco Chronicle

California's stem cell funding agency has had a profound impact on scientific advancement since it was created in 2004, but it's in need of significant restructuring to address concerns about the potential for conflict of interest and mismanagement, according to an independent review. The California Institute for Regenerative Medicine, based in San Francisco, has doled out $1.3 billion in grants to stem cell projects, or nearly half of the $3 billion bond that state voters approved eight years ago. more

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