The California Institute for Regenerative Medicine (CIRM) was established by Proposition 71, the California Stem Cell Research and Cures Initiative.
The statewide ballot measure, which provided $3 billion in funding for stem cell research at California universities and research institutions, was approved by 59% of California voters on November 2, 2004, and called for the establishment of a new state agency to make grants and provide loans for stem cell research, research facilities and other vital research opportunities.
The Independent Citizens Oversight Committee (ICOC) is the 29-member Governing Board of the Institute; the Governing Board members represent expertise from California’s leading public and private universities, non-profit hospitals and research institutions, patient advocacy groups and biotechnology.
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