Science Market Update

California to Spend $32M on Stem Cell Research Biobank

Posted by Jaimee Saliba on Wed, Mar 20, 2013

The California Institute for Regenerative Medicine (CIRM) is a major funding agency for stem cell research in the Golden State. Since voters approved the establishment of the agency in 2004, the CIRM has spent billions on research and facilities with the aim of making California the stem cell capital of the US. Now, in a move to advance that research mission even further, the agency has announced awards of $32M to investigators and stem cell companies to create a biobank of diseased cell lines for the use of researchers around the world. Called the Human Induced Pluripotent Stem Cell (hiPSC) Initiative Awards, the project will generate and ensure the availability of high quality disease-specific hiPSC resources for disease modeling, target discovery and drug discovery and development for prevalent, genetically complex diseases

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Tags: 2014, CA, 2013, Stem cell research, Southwest, California, Los Angeles, Biobank, biobanking, LAVS, San Diego, SDVS, San Francisco, SFVS, UC San Diego, Biotechnology Vendor Showcase, UC San Francisco, CIRM, Parnassus Campus, tradeshow, Mission Bay Campus, Parnassus, Mission Bay, BVS, UC Los Angeles

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