Calif. institute budgets stem cell funds

Oct 05, 2006

The California Institute for Regenerative Medicine has decided how to spend the $3 billion approved by the U.S. state's voters for stem cell research.

Institute officials say they will spend $823 million on basic stem cell research, $899 million on applied or preclinical research and $656 million for new treatments through clinical trials, The New York Times reported Thursday.

Although the San Francisco institute said it's unlikely it will be able to fully develop stem cell therapy for routine clinical use during the 10-year spending plan, it does hope to have proof of principle for a stem cell treatment of at least one disease, with another two to four treatments entering early clinical trials, the Times said.

Copyright 2006 by United Press International

Explore further: Suboptimal prescribing attitudes could signal personal distress

Related Stories

Lightbulb using graphene is to go on sale this year

Mar 30, 2015

The BBC reported on Saturday that a graphene bulb is set for shops, to go on sale this year. UK developers said their graphene bulb will be the first commercially viable consumer product using the super- ...

Recommended for you

Selecting the right tool for the job

Apr 14, 2015

Randomized clinical trials of new drugs have long been considered the "gold standard" in determining safety and efficacy before drugs, biologics, vaccines or devices are introduced to the general public. However, in the case ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.