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US Credit Upheaval Hurts One California [October 6, 2008] By Alex Philippidis Despite securing a $20.5 million grant from California’s stem-cell agency to start building a new facility, the Buck Institute for Age Research last week blamed the troubled US credit markets for its failure to raise the additional capital it needs for the $41 million project. Meantime, six California schools have begun constructing their facilities and two more said they plan to by January.
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