ARTICLE | Finance

CIRM's expanding reach

November 12, 2009 8:00 AM UTC

TheCalifornia Institute for Regenerative Medicine'snewest batch of grants differs from previous stem cell research awards in two key ways-they are later stage and reflect CIRM's collaboration with agencies outside of California.

CIRM has awarded about $1 billion to support a total of 321 grants since it was founded in November 2004. But the most recent set of awards-a total of $229.8 million to 14 teams-is the first expected to result in IND submissions when work under the four-year grants is completed...