Finally, It is Raining Stem Cells Money

California's stem cell research agency, CA Institute for Regenerative Medicine, has unloaded $39.7 million in grants to Stanford, Cal Tech, USC, and eight of the University of California campuses. The money is all still encumbered by pending litigation concerning Prop 71, but they are giving it out nonetheless. Sort of. Well, they are giving out IOUs, essentially. But the money is coming.