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   Thursday, November 04, 2004  
Permalink Stem Cell research bringing business to CA

Proposition 71 Passed
California voters backed this initiative to give $3 Billion (over ten years) to fund Embyonic Stem Cell research.

"This is going to be the stem cell center of the world, not just the country," said Evan Snyder, director of the program in stem cell biology at the Burnham Institute in San Diego.

Other States will copy Proposition 71
Stem cell scientists in California were almost giddy Wednesday with anticipation that talented young scientists and enterprising companies would move here.

Advanced Cell Technology, a perennially cash-starved Massachusetts company that has been trying to use embryonic stem cells, plans to set up a branch in California, in part to tap into the money. The company's chief executive, Michael D. West, has already moved to the San Francisco Bay Area.

And scientists elsewhere, fearing a brain drain, are expected to push their own states to increase financial support.

"We here in Massachusetts are not going to take this lying down," said George Daley, an associate professor at Children's Hospital in Boston and at Harvard University. "We're going to have to work extra hard to make sure we don't lose our best junior scientists to California."


CNET News.com: California weighs its future as a stem cell epicenter

posted: by veggiedude: 11/04/2004 10:48:22 AM  

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