CIRM is the CA agency that oversees the distribution of 3 billion dollars for stem cell research in CA. The agency was created by constitutional amendment via a ballot initiative in the 2004 election. From its inception, it has directed most of its energies and funds to promoting embryonic stem cell research (ESCR). It seems, however, that they have finally caught on to the fact that ESCR is not the most promising area of stem cell research. Of the $230 million in grants awarded to 14 institutions yesterday, 10 of them were for adult stem cell research (ASCR). Good.
HT: Wesley Smith