CIRM outlines five-year goals

The California Institute for Regenerative Medicine outlined its five-year goals for its CIRM 2.0 program and forecast $890 million in spending from 2016-20. The institute began CIRM 2.0 in January to speed operational processes and increase patient engagement and industry involvement in the development of stem cell therapies (see BioCentury Extra, Dec. 15, 2014).

CIRM estimated that $440 million of its funding budget would go toward clinical projects, $180 million to translational research and $170 million to discovery. It estimated that a total of $100 million will go toward education and infrastructure. ...