Friday, October 17, 2008

Governor vetoes California stem cell bill

Gov. Arnold Schwarzenegger vetoed SB 1565, aimed at making stem cell therapies and diagnostics funded by California’s multibillion-dollar stem cell research agency affordable and accessible.

The bill also would have made it easier for the California Institute for Regenerative Medicine to fund research beyond politically charged embryonic stem cells.

In vetoing the bill Saturday, Schwarzenegger said SB 1565 would have undermined “the express intent of Proposition 71,” which California voters approved in 2004, setting up a $3 billion agency with state bonds.

Schwarzenegger said the bill would have eliminated the priority for funding human embryonic stem cell research and would have placed restrictions on CIRM’s oversight committee to adopt intellectual property policies that balance patient need and medical research.

“More than 7 million voters were very clear when they passed Proposition 71 in 2004,” Schwarzenegger said. “They wanted to fund embryonic stem cell research that the federal government wouldn’t. They also wanted to make sure that California receives a return for its historic investment in medical research. Both of these important goals are already being accomplished.

“This bill does nothing to advance the will of over 7 million voters. For this reason, I am unable to sign this bill.”Continued...

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