The structure cost $80 million in all. An additional $10 million came from Bill and Sue Gross, with the remainder from the UC system and private funding. Gross co-founded PIMCO, a well-regarded bond fund management company.
Joseph Serna wrote about the facility for the Los Angeles Times, which rarely covers CIRM activities, noting that UCLA and USC also received support from CIRM, $19.9 million and $27 million respectively. Irvine's building will house more than 60 researchers in a dozen labs. Peter Donovan, late of John Hopkins, is head of the UC Irvine stem cell program.
Robert Klein, chairman of CIRM, said,
"With this, it's not just California speaking. This is tangible evidence that the science is at a world-class level. California is now the world leader in stem cell research and biomedical research."The event did not trigger much in the way of media coverage, but an earlier Irvine announcement led to a number of stories including this on May 8 by China's Xinhua news agency:
“The first major stem cell research center in California will open next week as the state steps up its efforts to promote stem cell research, it was announced on Saturday.Obviously, that language could lead to a serious misunderstanding elsewhere in the world about the scope of stem cell research in California.
“The center, run by the University of California in Irvine (UCI) near Los Angeles, is the first major stem cell research facility in the region, the UCI said in a statement.”