California Institute for Regenerative Medicine Readies Loan Program | GenomeWeb
California life science companies and research institutions seeking to commercialize new stem cell-based drugs may soon be able to borrow from the state in addition to applying for grants to pay for their research.
The California Institute for Regenerative Medicine, the state agency created in 2004 by voter-approved Proposition 71 to issue grants in support of public and private stem-cell research, has begun crafting terms for a loan program to help companies and institutions carry out that work.

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