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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The California Institute for Regenerative Medicine is about to give $7.9 million to UC Davis, already the recipient of $131 million from CIRM, which David Jensen of the California Stem Cell Report describes as an “Oakland-based stem cell agency.” Near the end of his report, he helpfully notes CIRM was created by the 2004…
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Randal Mills is stepping down as president of the California Institute for Regenerative Medicine, but that’s not the news. The $3 billion state stem-cell agency is running out of money and according to David Jensen of the California Stem Cell Report, founder Robert Klein “is talking about asking California voters for another $5 billion.”…
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Last month we suggested that California’s Board of Equalization deserved a stop on the California Corruptour, modeled on the one now functioning in Mexico. The BOE, which does not equalize anything, has misallocated nearly $50 million in tax revenue. BOE members have been spending public funds to promote themselves, staging useless events, and dishing…
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As we noted, California has made it difficult for veterans to apply their medical skills in civilian life. Like many others, these veterans must contend with the labyrinth of state boards and commissions. According to the state’s Little Hoover Commission, a watchdog agency of sorts, one out of every five Californians must receive permission…
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The California Institute for Regenerative Medicine (CIRM) is in the news again, but this time it’s not slick ad copy masquerading as journalism, with the goal of shaking down taxpayers for more money. This time its Joe Rodota, former cabinet secretary to Gov. Pete Wilson, and Bernard Munos of the Innothink Center for Research…
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For more than a decade, according to David Jensen of the California Stem Cell Report, the $3 billion California Institute for Regenerative Medicine “has given away money at a rate of $22,000 an hour, seven days a week, 24 hours a day.” Donald Kohn of UCLA got $52 million from CIRM, and his treatment…
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California imposes some of the highest income and sales taxes in the nation, and Governor Jerry Brown’s own budget team says the state could face a budget deficit of $4 billion by the summer of 2020. Even so, the governor maintains the statist view that there is always money for everything. The Golden State…
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As David Jensen explains in the Sacramento Bee, California’s government stem cell agency, the California Institute of Regenerative Medicine (CIRM) is spending another $30 million “to dramatically speed approval of stem cell therapies and establish the Golden State globally in the much-heralded regenerative medicine field.” Down lower in the piece, in paragraph six, readers…
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As John Tozzi and Michelle Cortez of Bloomberg report on the stem cell front, “press releases, popular media, and even some journal articles routinely inflate expectations for future therapies based on early findings that probably will never turn into cures.” Now the International Society for Stem Cell Research, representing more than 4,100 researchers, wants…
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