Monday, May 23, 2011

California controller nominates entrepreneur to lead stem cell board, setting up battle for CIRM's top spot

Setting off another battle for the leadership of California’s $3 billion stem cell research funding agency, state Controller John Chiang nominated Southern California medical device entrepreneur and researcher Frank Litvack.
The appointment by Chiang comes after Gov. Jerry Brown and Treasurer Bill Lockyer nominated investment banker Jonathan Thomas, a founding partner of Saybrook Capital LLC in Santa Monica.

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