California Biotechs See Long-Term Payoff from State Court's Approval of $3B Stem Cell Bond | GenomeWeb
Even after California’s highest court earlier this month allowed the state to start spending $3 billion over 10 years for embryonic stem-cell research approved by voters in 2004, the state’s for-profit biotechnology companies will still have to wait as much as a year to see money from Sacramento, while nonprofit and academic research institutes can expect faster funding.

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