Group seeks $3 billion for stem cell research in California
NEWS IN BRIEF — Posted March 1, 2004
A petition drive has been started by a group called Californians for Cure that seeks to put a stem cell research-funding question on California's November ballot. It needs to collect 600,000 signatures by April 16 to do so.
If successful, the state would borrow money to issue $3 billion in bonds that would be used to fund $295 million worth of in-state stem cell research annually for 10 years. Supporters say the research would create jobs and generate additional revenues from royalties generated from scientific discoveries.
Scientific advisers for the effort are Irving Wiessman, MD, of Stanford University and Lawrence Goldstein, PhD, of University of California, San Diego.
Note: This item originally appeared at http://www.ama-assn.org/amednews/2004/03/01/prbf0301.htm.