Thursday, October 28, 2010

Majority of California Stem Cell Money Going to Adult Stem Cell Research

At LifeNews, David Prentice discusses how California's $3 billion dollars stem cell agency, which was originally created to fund embryonic stem cell research is pouring the majority of its money into adult stem cell research.
CIRM is spending $3 billion of California taxpayers’ money (a $6 billion payback with the interest) on stem cell research. Their reason for existence originally was to fund embryonic stem cell and cloning research.

This week they approved funding for 19 grants worth $67 million; the funding is “its second round of awards designed to move good ideas out of the lab and into the clinic.” (A complete list` of applications including those not funded is posted.)

Only 5 of the 19 funded grants involve embryonic stem cells. Zero grants on cloned embryos.

Last year the CIRM funded 14 “Disease Research Team” grants designed to move to the clinic, with only 4 of the 14 grants used embryonic stem cells, and zero grants on cloned embryos.

FULL STORY