Because we’re definitely in the stem cell research business.

With the referendum defeat, they’re scaling back the plans of four of the five labs, but they’re still going for it with a lab in New Brunswick.

It would have been nice if the referendum was “should NJ consider a state-sponsored stem cell research effort and spend gazillions” vs. an “oh yeah, can we borrow for the operating expenses for an ongoing boondoggle we didn’t really tell you about yet?”

Actually, that probably would have passed.