Kleiner Perkins makes bet on adult stem cells

June 17, 2008

Kleiner is backing a new Bay Area company, iZumi Bio Inc., which had its public premiere Monday with the announcement of a research collaboration with the J. David Gladstone Institutes, based in San Francisco. The nonprofit institute is a center of scientific work on novel methods of “reprogramming” adult cells to recover the versatile properties of embryonic stem cells, which can morph into any cell type in the body. (San Francisco Chronicle)