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California Stem Cell Board to Consider Requirements for Grants to For-Profit Research Entities.


10-Year Strategic Funding Plan Up for Adoption

SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden  -- The Independent Citizens Oversight Committee (ICOC ICOC Independent Citizens Oversight Committee (San Diego, California)
ICOC International Church of Christ
ICOC International Code of Conduct
ICOC Integrated Combat Operations Center
ICOC Instructions for Commodores of Convoys
), governing board Noun 1. governing board - a board that manages the affairs of an institution
board - a committee having supervisory powers; "the board has seven members"
 of the California Institute for Regenerative Medicine The California Institute for Regenerative Medicine (CIRM) was created by California's Proposition 71 (2004), which authorized it to issue $3 billion in grants, funded by bonds, over ten years for embryonic stem cell and other biomedical research.  (CIRM CIRM Certified in Integrated Resource Management
CIRM California Institute for Regenerative Medicine
CIRM Comité International Radio-Maritime (International Radio-Medical Center)
CIRM Corporate Infrastructure Resource Management
), will meet on Thursday, December 7, 2006, in Irvine, California Irvine is an incorporated city in Orange County, California, United States. It is a planned city, mainly developed by the Irvine Company since the 1960s. Formally incorporated on December 28 1971, the 69.7 square mile (180.5 km²) city has a population of 202,079 (as of 2007). .

WHAT:

The ICOC will consider a proposal from its Intellectual Property Task Force to establish interim regulations governing research grants awarded to commercial research enterprises. The proposed terms and conditions are similar to CIRM's IP policy for non-profit organizations (adopted earlier this year), including as they apply to revenue sharing revenue sharing

Funding arrangement in which one government unit grants a portion of its tax income to another government unit. For example, provinces or states may share revenue with local governments, or national governments may share revenue with provinces or states.
 from licensing activities, but are more aggressive in their application to commercial products. The proposal calls for the State of California to share in any revenues generated by CIRM-funded projects, licensed or developed by a for-profit grant recipient. The State's financial return rises with the success of the project. The proposal would also require companies to provide discounts on therapies developed with CIRM funds to California residents on public health care plans; to develop plans for making therapies accessible to uninsured Californians; and to give preference to California residents in the event therapies are in limited supply. The proposal also specifies access to research abstracts and conditions for marching in Marching In is a science fiction short story by Isaac Asimov. The story was written at the request of the US publication 'High Fidelity', with the stipulation that it be 2,500 words long, set twenty-five years in the future and deal with an aspect of sound recording.  on CIRM-funded patented inventions, among other requirements.

The full text is at http://www.cirm.ca.gov/meetings/pdf/2007/For-Profit%20DraftICOC120706. pdf. (Due to its length, this URL URL
 in full Uniform Resource Locator

Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program.
 may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)

The ICOC will also consider a revised version of CIRM's Scientific Strategic Plan. A draft version was presented to the ICOC in October. Since then, CIRM has incorporated a "1000 Days" plan, outlining a schedule of grants to be awarded in the next three years, and rewritten the plan's executive summary. The plan identifies the long-term objectives CIRM will pursue over the next 10 years. It proposes funding a series of 25 initiatives intended to advance stem cell stem cell

In living organisms, an undifferentiated cell that can produce other cells that eventually make up specialized tissues and organs. There are two major types of stem cells, embryonic and adult.
 research in California, including $822.8 million to develop and enhance fundamental knowledge of stem cell biology, $898.9 million for pre-clinical research and development, and $656.0 million for clinical trials and related research, as well as $272.7 million for the renovation and construction of new laboratories and research facilities. The plan also defines five- and ten-year goals the Institute will use to measure its progress.

The plan is available at http://www.cirm.ca.gov/meetings/pdf/2006/12/120706_item_7.pdf.

The agenda for the meeting is available at http://www.cirm.ca.gov/meetings/2006/12/12-07-06.asp.

WHO:

The 29-member Independent Citizens Oversight Committee (ICOC) is the governing board for CIRM. The list of members is available at http://www.cirm.ca.gov/icoc/pdf/Members.pdf.

WHEN:

Thursday, December 7, 2006

9:00 a.m. - 5:00 p.m. (Estimated)

WHERE:

University Club

University of California The University of California has a combined student body of more than 191,000 students, over 1,340,000 living alumni, and a combined systemwide and campus endowment of just over $7.3 billion (8th largest in the United States). , Irvine

801 East Peltason Drive

Irvine, CA 92697

WHY:

The Stem Cell Research and Cures Act (Proposition 71) requires the ICOC to develop and adopt a strategic plan to define the long-term objectives of the Institute and a funding program to achieve those objectives, as well as regulations governing non-profit and for-profit entities that receive CIRM grants. The Act authorizes the ICOC and CIRM to make $3 billion available to support stem cell research in the state. This past April, $12.1 million was awarded to 16 California non-profit institutions to train 169 stem cell researchers. CIRM is currently reviewing applications for more than $100 million in stem cell research grants, which will be awarded in the first quarter of 2007. The Institute is preparing to solicit applications and award its first grants for research facilities, which are expected to be funded later in 2007.
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Publication:Business Wire
Date:Dec 7, 2006
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