Government: It Keeps Growing, and Growing...
dependency bureaucracy advance of science
Will last week's $3-billion California stem cell initiative one day grow new business?
POSTED BY THE GENERAL AT 1:02 AM
The massive bond measure known as Proposition 71 is designed to allocate nearly $300 million a year to scientific work with stem cells, particularly those derived from human embryos. The money is intended to transform California into an incubator for stem cell research, offering support to academic institutions and companies toiling in an area shunned by private investors.
A few biotech companies already have said they plan to apply for funds.