Editorial: Public confidence in stem-cell institute demands full disclosure

California's great stem-cell experiment faces a moment of truth this week.

Wednesday, in San Francisco, the state's stem-cell institute must make a pivotal decision on whether members of its working groups should be required to publicly disclose any conflicts of interest before they review grant applications and make recommendations to the agency's governing board for final approval.

The agency should make an investment in public oversight and public confidence and overturn its staff's recommendation opposing full public disclosure.

The arguments opposing full disclosure have merit. There is concern about whether top-level scientists will be willing to participate in the process if they have to make complete financial disclosures of any potential conflicts. The working groups are strictly voluntary and will require a substantial time investment by out-of-state scientists who must be experts in their field. The disclosure provision could discourage some from participating. So the agency wants to settle for internal disclosure of potential conflicts that could then be reviewed, but not publicly disclosed, by the Legislature or an independent auditor.

But as Mercury News Staff Writer Paul Jacobs pointed...