alan-trounson.jpgCalifornia’s $3 billion stem-cell agency, which has been without a permanent leader since the end of April, has named a respected Australian scientist, Alan Trounson, as its second president.

The agency, called the California Institute for Regenerative Medicine, has been controversial from the beginning. The question is whether Trounson can finally lend some stability to the agency’s mission of supporting stem-cell science and research to find new cures to disease — one of the most ambitious efforts worldwide in this area. See story at VentureBeat LifeSciences by David Hamilton.