A report will be issued today of the economic impact of CIRM on California. The Sac Bee and FierceBiotech are reporting on the economic infusion that CIRM has provided to the state.
On average during its existence, CIRM has created 8 jobs day for the state of California. The jobs mostly consist not surprisingly of scientists and construction workers who have built the CIRM funded stem cell institutes around the state.
Longer term the economic benefit to California is likely to grow as CIRM-funded research translates into new treatments and cures for millions of patients.