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10/19/2012

Research Firm Reaped Stem Cell Funds Despite Panel’s Advice

External Link - Source: LA Times

StemCells Inc. has had rather a charmed relationship with California’s publicly funded stem cell program, with some $40 million in awards approved this year.  Co-founded by an eminent Stanford research scientist, the firm ranks first among all corporate recipients of approved funding from CIRM, despite only collecting about $1 million a year from licensing patents and selling cell cultures.