California is opening its first bank for human stem cells. Taxpayers are giving more than $30 million to a handful of scientists to begin cultivating the cells. This effort to bank stem cells is the nation's most ambitious, according to Dr. Uta Grieshammer of California's stem cell agency. Dr. Grieshammer says grantees will use Nobel Prize-winning breakthroughs to create stem cells from blood cells.
The stem cell bank will open at the Buck Institute for Research on Aging in Marin once funds are formally approved in several months.