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June 22, 2016

iPS Cell Research Fund FY 2015 Financial Report

The iPS Cell Research Fund contributes to CiRA's ultimate goal of iPS cell-based therapies and medicines by providing money for stable, long-term employment and training of exceptional young scientists.

We have received nearly 2.5 billion yen (approximately U.S $22 million) from approximately 9700 donations in fiscal year 2015. We greatly appreciate all donors' generous gifts.

As of March 31, 2016, the iPS Cell Research Fund had a balance of over 5 billion yen. The costs of a research institute like CiRA are immense, so this money has gone a long way to helping us both expand the number of labs devoted to iPS cell research and provide stable funding to run them.

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