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UC Davis gets $53M in grants for stem cell research
Sacramento Business Journal

The UC Davis Health System was awarded three separate grants totalling more than $53 million from the state’s stem cell agency Thursday. The Sacramento-based system was the biggest winner in the latest round of grants from the California Institute for Regenerative Medicine. The agency oversees a program approved by voters in 2004 to jump start the industry with $3 billion in state bond financing.