San Diego Business Journal

$12.7M in Stem Cell Grants Given to Local Researchers

Friday, August 30, 2013

The California Institute for Regenerative Medicine recently met in La Jolla to award $40.6 million to 13 research groups throughout the state — including about $12.7 million to San Diego researchers.

The CIRM’s largest grant at $6.4 million was awarded to John Cashman, president and founder of San Diego’s Human BioMolecular Research Institute.

University of California, San Diego researcher Alysson Muotri received about $1.9 million, about $2.1 million was given to Stuart Lipton at the Sanford-Burnham Medical Research Institute, and $2.3 million was granted to Inder Verma at the Salk Institute for Biological Studies. The CIRM said these funds were given to help shift stem cell research from the laboratory to practical use by creating patient therapies.

The agency has about $500 million remaining to award various companies and academic institutions.

— Meghana Keshavan