Posts Tagged ‘stem cell’

Will White-Coat Waste Live On?


Friday March 2nd, 2018   •   Posted by K. Lloyd Billingsley at 9:53am PDT   •   1 Comment

The California Institute for Regenerative Medicine, created by Proposition 71 in 2004, promised life-saving cures for Alzheimer’s, Parkinson’s and other diseases. The $3 billion state stem-cell agency also assured voters that royalties from these cures and therapies would generate more than $1 billion. As David Jensen of the California Stem Cell Report notes, no…
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State Stem Cell Institute Still Conflicted


Wednesday September 7th, 2016   •   Posted by K. Lloyd Billingsley at 4:55am PDT   •   1 Comment

As we noted, California’s $3 billion Stem Cell Research and Cures Act, Proposition 71, promised life-saving cures and therapies for a host of afflictions including heart disease, diabetes, Alzheimer’s and Parkinson’s. Celebrity promoters included Christopher Reeve, Michael J. Fox and Arnold Schwarzenegger. In 2004 voters approved the measure, which created the California Institute for…
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Scam Cell, Continued


Monday December 21st, 2015   •   Posted by K. Lloyd Billingsley at 5:38am PDT   •   2 Comments

California’s $3 billion Stem Cell Research and Cures Act, Proposition 71, promised life-saving cures and therapies for a host of afflictions including heart disease, diabetes, Alzheimer’s and Parkinson’s. In 2004 voters approved the measure, which created the California Institute for Regenerative Medicine. CIRM drew down the money and spent lavishly, but ten years later…
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$3 Billion Scamiversary


Monday May 5th, 2014   •   Posted by K. Lloyd Billingsley at 7:05am PDT   •   0 Comments

In 2004, California’s $3 billion Stem Cell Research and Cures Act, Proposition 71, promised life-saving cures and therapies for a host of afflictions. Voters approved the measure, which created the California Institute for Regenerative Medicine (CIRM). Ten years later CIRM has spent nearly $2 billion, but as this report notes, “No cures have yet…
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Boondoggles Bloat Government


Wednesday April 2nd, 2014   •   Posted by K. Lloyd Billingsley at 7:30am PDT   •   4 Comments

California’s punitive tax structure virtually guarantees high volatility in state finances, particular during times of boom and bust in the economy. But through thick and thin some things never change. As this report notes, the state’s payroll and the size of the state workforce hold steady, and there’s always more to that story. Consider,…
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More stem-cell rot


Friday May 31st, 2013   •   Posted by K. Lloyd Billingsley at 9:16am PDT   •   3 Comments

The California Institute for Regenerative Medicine, the state’s $3 billion stem-cell institute, continues to put on a clinic on how to redistribute money to politically connected insiders. A recent federal review by the Office of Medicine, a division of the National Academy of Sciences, found CIRM rife with cronyism and conflicts of interest. Almost…
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