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California stem cell agency to review dealings with StemCells Inc.
California stem cell agency to review dealings with StemCells Inc.

California’s stem cell agency announced Wednesday it was taking steps to deal with a “risk of conflict of interest” two days after its former president took a position with a company that the state agency had been funding. Newark, Calif.-based StemCells Inc. announced that Alan Trounson would be joining its board of directors a week after Trounson left the top spot at the California Institute for Regenerative Medicine, according to California Stem Cell Report, a blog that follows developments related to the state agency. The move has an appearance of a serious conflict of interest, said John M. Simpson, director of the stem cell project for Santa Monica-based...

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