Via The Korea Times, an update on public funding for stem cell research in South Korea for those who like to keep up with such things: "The Korean government Monday set up a plan to channel roughly 430 billion won ($454 million) of taxpayers' money into stem cell research over the next decade. ... The big budget earmarked for the stem cell sector will be spent both on adult and embryonic stem cells ... Included in specifically targeted areas are a study of the stem cell's differentiation mechanism, establishment of a clinical test database and a system to set up stem cell banks." This compares in size and timeline to existing and proposed state funded programs in the US - and will no doubt be just as inefficient as every other government program, sad to say.