Tuesday, December 8, 2009

12/9 California Stem Cell Report

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Coverage Planned of CIRM Directors Meeting Wednesday and Thursday
December 8, 2009 at 5:38 pm

The California Stem Cell Report will be monitoring from Mexico the two-day meeting of the directors of the California stem cell agency. We will file fresh items as warranted beginning late tomorrow afternoon and continuing into Thursday.

Problems With CIRM's $1 Million, Free HQ Lease
December 8, 2009 at 3:51 pm

Back in 2005, the California stem cell agency snagged a free, 10-year lease for office space in San Francisco to house its $3 billion effort.But today something is amiss. All the details are not clear, although CIRM is looking at having someone set up a nonprofit to handle the lease, according to our source. We understand that the agency cannot afford to assume additional expenses because of a 3

Inside Stem Cell Funding: The Cost of Making a Grant
December 8, 2009 at 1:02 pm

How much does it cost to give away $230 million? Something more than $173,000 or about $12,000 for each of the 14 awards in the recent disease team round from the California stem cell agency.Those are conservative figures based on a document posted Sunday on the CIRM Web site. The report said it could have cost up to $280,000 to approve all the grants in the disease team round if the new "PreApp"

Venture Capitalist, Bankers to Weigh In on $500 Million Loan Program
December 8, 2009 at 10:26 am

The California stem cell agency is promising an interesting cast of characters for its meeting tomorrow concerning its fledgling $500 million biotech loan program.Representatives from Proteus Venture Partners, VitaPath Genetics, Inc., Burrill & Co. and Silicon Valley Bank have been invited to appear, according to a document posted today.Duane Roth, chairman of the CIRM Loan Task Force, says that
 

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