It has been reported that in order to raise around $4 billion, the supporters of California Institute for Regenerative Medicine are looking forward for a ballot measure in 2014. The CIRM came in existence earlier in 2004, soon after a poll where voters approved Proposition 71 and provided approximately $3 billion in funding.

On the other hand, the majority of CIRM critics have pinpointed some flaws in the agency and blamed that the agency has offered huge amount of money to its executives. Besides executives, it has also allocated excessive aids to entities that are believed to have association with board members.

On Thursday, the CIRM governing board has casted its votes in favor of a proposal suggesting investments of more than $27 million for stem cell research initiatives, a technique that is believed to introduce some tremendous changes in the medical field while treating a number of health conditions efficiently.

Meanwhile, a lawsuit has threatened to obstruct the government-funded research on human embryonic stem cells. A panel of three judges is likely to decision on the matter. In 2009, two researchers claimed that it is illegal to ease restrictions on hESC research, and pinpointed the NIH guidelines. Afterwards in 2010, a district court judge ruled to block NIH funding for hESC research.

While commenting on the matter, a member of the Association of American Medical Colleges, situated in Washington, DC, Tony Mazzaschi marked it as a very critical issue. The association is believed to be a supporter of NIH's position.

The review of a previous report, compiled by international panel of experts and scientists, has clearly indicated that CIRM had generated results in a short period of time.