Five Bay Area research institutions are finalists for a share of $262 million in state grants from California’s stem-cell agency to build and equip new laboratories.

The institutions are Stanford University, University of California-Berkeley, University of California-San Francisco, University of California-Santa Cruz and the Buck Institute for Age Research in Novato.

A total of 17 universities and other research institutions in the state submitted applications for the money and 12 won the backing of an advisory group on Friday.

The panel’s recommendations will be considered on Jan. 17 by the governing board of the California Institute for Regenerative Medicine, which voters authorized in 2004 to spend $3 billion on stem-cell studies. Source: San Jose Mercury News

My only thought is that we need more funding on embryonic stem cell research alone. America today is in serious risk of missing the boat on embryonic stem cell research, thanks to anti-embryonic stem cell lobby in Washington supporting the Bush regime.