embryonic stem cell colonies from the lab of developmental biologist James Thompson
Source: University of Wisconsin-Madison.
Used with permission © University of Wisconsin Board of Regents

California State Treasurer Phil Angelides

California State Treasurer Phil Angelides' press secretary discusses "bridge funding" of embryonic stem cell research in California

California Politics Today #396

Sacramento, California
August 1, 2004

By Marc Strassman
Reporter
California Politics Today
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Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 2.5 License.

California stem cell chief appears on California Connected

Robert Klein II, chair of the Independent Citizens' Oversight Committee (ICOC) responsible for the operations of the California Institute of Regenerative Medicine (CIRM) established by Proposition 71 in November, 2004, to spend $3 billion (to be repaid with at least $6 billion in California taxpayers' money) on embryonic stem cell research, appeared on California Connected, a California-wide, syndicated public television news program, on Friday, July 29, 2005, to update viewers about this project.

You can access the video of this interview with California Connected host Lisa McRee by clicking here.

stem cell chief expresses hope for imminent research funding through a "bridge financing approach"

Also during that interview, Mr. Klein was asked by Ms. McRee, "When do you think my dollars will actually be paying a scientist who's sitting looking in a microscope and looking for discoveries?"

Mr. Klein replied:

"We're working with a bridge financing program that bypasses the litigation and hopefully, in September, through this bridge financing approach, we'll be able to fund the first grants. That's my goal."

some comments on "bridge financing" from the office of California State Treasurer Phil Angelides

California Politics Today spoke today with Nick Papas, press secretary for California State Treasurer Phil Angelides, and asked him about the prospects for "bridge financing" of the embryonic stem cell research project approved by California voters last November.

You can listen to the comments about this by Mr. Papas, in their entirety, by clicking here.

bond sale delay backgrounder

You can read more about why the bond sales authorized by Proposition 71 haven't yet taken place in this May 11, 2005 article: "California cannot sell $3 billion in embryonic stem cell research bonds until a lawsuit challenging its right to do so is resolved".



 



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