StemCells Is Granted License in California
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From Bloomberg News
StemCells Inc., a biotechnology company developing therapies using cells from adult brain tissue, said it had received a manufacturing license in California that would allow it to process its product here.
Locating its processing plant in California will help StemCells improve its chances of tapping into state funding available through Proposition 71, a state law designed to encourage stem cell research, the Palo Alto company said.
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