AP NEWS

California stem cell scientists get $30 million gift

June 26, 2019

LOS ANGELES (AP) — California stem cell researchers will get $30 million to advance disease therapies under three grants from the Eli and Edythe Broad (“brode”) Foundation.

The Union-Tribune reports the gifts will be announced Wednesday at the International Society for Stem Cell Research annual meeting in Los Angeles.

The money comes as California’s $3 billion stem cell program, which has funded work across the state for years, is winding down.

The newspaper says the $30 million will be equally divided among stem cell centers at UCLA, UC San Francisco and the University of Southern California.

The donations will fund clinical trials and research into developmental disorders and diseases of aging.

The Broad Foundation funded the three centers with $65 million in 2004 after then-President Bush vetoed a bill that would have expanded federal funding of embryonic stem cell research.

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Information from: The San Diego Union-Tribune, http://www.utsandiego.com

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