United State of California: buy bonds in stem cell research

Posted in Bay Area, business 2.0, california, politics, regenerative medicine, stem cells, US, USA

In the unique state of California there is now an offer for individuals to place orders from October 3 during a $250 million sale of state debt to fund embryonic stem-cell research. The minimum bet is $5,000 and over 1 million you need special permission (just like buying more than 2 iPhones in the early days). That is unique. But wait…

“Of the $250 million issuance, $200 million will fund stem cell research and roughly $45 million will cover the cost of issuing the debt and retiring bond anticipation notes sold while the stem-cell measure was being contested in court.”

Links:

Reuters: Individuals get first dibs on Calif. stem-cell debt

California State Treasurer

California Stem Cell Report: Attention Stem ‘Cellists:’ Buy Your Bonds Now

Published by attilacsordas

AgeCurve founder using proteomes two demystify agings two add more healthy years, ex mito-stem cell biologist, bioinformatician, Open Lifespan philosopher

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