(San Deigo) Chamber endorses stem cell research

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Chamber endorses stem cell research

By Terri Somers
STAFF WRITER

September 25, 2004

The San Diego Regional Chamber of Commerce yesterday announced its endorsement of Proposition 71, which calls for a $3 billion bond issue to support stem cell research in California.

Proposition 71, the California Stem Cell Research and Cures Initiative, would provide $295 million a year over 10 years for stem cell research, giving priority to embryonic stem cell projects. If approved, the state's funding would dwarf the federal government's investment in stem-cell research, which totaled $10.7 million in 2002.

The chamber's 42-member board voted about 2 to 1 in favor of the initiative, joining the California Chamber of Commerce, the Los Angeles Chamber of Commerce and other business organizations. The Contra Costa Council also announced its endorsement yesterday.

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Find this article at:
http://www.signonsandiego.com/uniontrib/20040925/news_1b25stem.html

Terri Somers: [phone]; [e-mail]

[CarolynEC]

1. San Diego? I thought that place was infested with fundamentalists?

Must be quite a profit potential in stem cell research.