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June 13, 2018

iPS Cell Research Fund FY 2017 Financial Report

The success of CiRA in fiscal 2017 has resulted in the most successful year yet for the iPS Cell Research Fund, as the fund collected nearly 3.8 billion yen (approximately U.S $41 million) from approximately 20,000 donations. In addition, the fund received many recurring gifts and bequests.

As of March 31, 2018, the iPS Cell Research Fund had a balance of over 10 billion yen. This money is being used to convert iPS cell research novel and innovative treatments. It is also being used to hire talented people. While most of CiRA members remain on fixed-term contracts, CiRA has decided that 13 of them can be employed on indefinite-term contracts by taking advantage of the fund.

The iPS Cell Research Fund is critical to keep talented staff at CiRA and to continue our progress in iPS cell research. Your support is a key to our goal of bringing iPS cell technology to the bedside.

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