CIRM Tightens ‘Revolving Door’ Policy for Employees Seeking Jobs at Institute-Funded Companies
On Thursday, the California Institute for Regenerative Medicine tightened its "revolving door" policy to avoid the appearance of conflicts of interest. The new policy requires employees to contact CIRM's general counsel if they begin discussions with a "prospective employer that has received or is currently applying for CIRM funding." The move comes after the agency's former president was named to the board of directors of StemCells Inc., which was awarded $19 million by CIRM. San Francisco Business Times' "BiotechSF."
- "Stem Cell Agency Tightens 'Revolving Door' Policy for Employees" (Leuty, "BiotechSF," San Francisco Business Times, 9/10).