The California Institute for Regenerative Medicine, or CIRM, handed out a dozen grants to expand research facilities. Matching funds from some of the research centers as well as private donations bring the grand total to more than $1 billion.
Dr. Marie Csete is the chief scientific officer at CIRM. She says the funding will help find cures for degenerative diseases.
Csete: “Very basic science research, screening of new drugs to understanding human development all the way through research targeted at specific diseases.”
Csete says some of those illnesses include Parkinson’s, diabetes and heart disease. Stanford University received more than $40 million. Eight University of California schools got grants including UC San Francisco, UCLA and UC Berkeley and UC Davis.