California’s voter-approved stem cell research institute cleared a roadblock Monday when a University of Wisconsin alumni group said it would not seek to collect licensing fees on discoveries made with institute grants.
Proposition 71, passed in 2004, created the California Institute for Regenerative Medicine and all but promised taxpayers royalties in return for approving $3 billion in bonds for research. A move to collect fees out of any royalties would likely have led to a court battle.