{"id":1063234,"date":"2012-06-10T15:50:35","date_gmt":"2012-06-10T15:50:35","guid":{"rendered":"http:\/\/www.longevitymedicine.tv\/business-friendly-changes-proposed-for-revenue-sharing-by-stem-cell-agency\/"},"modified":"2024-08-17T20:28:02","modified_gmt":"2024-08-18T00:28:02","slug":"business-friendly-changes-proposed-for-revenue-sharing-by-stem-cell-agency-2","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/stem-cell-therapy\/business-friendly-changes-proposed-for-revenue-sharing-by-stem-cell-agency-2.php","title":{"rendered":"Business-friendly Changes Proposed for Revenue Sharing by Stem Cell Agency"},"content":{"rendered":"

<\/a>
<\/a><\/p>

The $3 billion California stem cell
agency, which hopes to generate income for the state through the sale
of stem cell therapies, is moving to make its profit-sharing rules
more friendly to business.<\/p>

<\/div>
The proposed changes will come up Monday morning<\/a> before the Intellectual Property and Industry Subcommittee<\/b> of the
CIRM<\/b> governing board.<\/div>
<\/div>
No stem cell research funded by CIRM
has yet been commercialized. Its intellectual property regulations,
which determine payback criteria, were developed shortly after CIRM
was created in 2004. Ed Penhoet<\/b>, one of the founders of
Chiron<\/b> and now a venture capitalist, chaired the panel that worked
out the rules. He has since left the CIRM board.<\/div>
<\/div>
A CIRM staff memo<\/a> described the payment
rules in the case of a \"blockbuster\" therapy as \"uneven\"
and \"lumpy.\" The memo said they \"could be a
disincentive for the engagement of industry.\" Other rules were described as creating
\"administrative challenges and uncertainty.\" The proposed changes, the memo said,
would address those issues and ensure a \"comparable economic
return to California.\"<\/div>
<\/div>
Here are links to the specific changes
-- see here<\/a> and here<\/a>.<\/div>
<\/div>
Public sites where interested parties
can take part in the discussion are located in San Francisco, La
Jolla, Los Angeles and Irvine. Specific addresses can be found on themeeting agenda<\/a>.<\/div>
<\/div>
The proposed changes must go before the
full governing board and then into the state's administrative law
process before taking full effect.  <\/div>
\"\"<\/div>

Source:
http:\/\/californiastemcellreport.blogspot.com\/feeds\/posts\/default?alt=rss<\/a><\/p>","protected":false},"excerpt":{"rendered":"

The $3 billion California stem cellagency, which hopes to generate income for the state through the saleof stem cell therapies, is moving to make its profit-sharing rulesmore friendly to business.The proposed changes will come up Monday morning before the Intellectual … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":64,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[25,1246878],"tags":[],"class_list":["post-1063234","post","type-post","status-publish","format-standard","hentry","category-stem-cell-therapy","category-stem-cells"],"modified_by":null,"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/1063234"}],"collection":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/users\/64"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/comments?post=1063234"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/1063234\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/media?parent=1063234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/categories?post=1063234"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/tags?post=1063234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}