Directors of the California stem cell today approved, 11-0, about $27 million for basic research into workings of stem cells.
The round was originally budgeted for $40 million, but grant reviewers did not approve grants that would have required that level of funding.
Reviewers recommended 21 grants for approval for a total of $21 million. CIRM staff recommended another five costing $4.8 million. The 29-member board added another two grants totaling $1.1 million.
The board rejected other pitches by reviewer-rejected applicants for reconsideration. The stem cell agency later today is expected to release the names of all the winners. It never releases the names of rejected applicants.
(Here is a link to the CIRM press release with the names of the winners.)
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