Advertisement

Stem Cell Approvals Are Up

The number of human embryonic stem cells approved for federal funding continues to grow.

By | July 18, 2011

WIKIMEDIA COMMONS, NISSIM BENVENISTY

Despite the recent legal battles, the National Institutes of Health continues to approve new human embryonic stem cells (hESC) lines for federal funding. Last month, the agency  approved 37 new hESC lines—more than any other month this year. There are now a total of 128 lines currently approved for federal funding—up from just 20 approved lines prior to President Barack Obama’s 2009 executive order to loosen stem cell regulations—with 37 more pending review.

The field’s exponential growth since the early part of the century is suggestive that it may one day rival the $300 billion prescription-drug market, Mark Monane, a Needham & Co. analyst, told Bloomberg. Though the industry is riddled with “sociopolitical risk,” he said, there is “a real opportunity to see if embryonic stem cells are going to work.”

Advertisement

Add a Comment

Avatar of: You

You

Processing...
Processing...

Sign In with your LabX Media Group Passport to leave a comment

Not a member? Register Now!

LabX Media Group Passport Logo

Popular Now

  1. How Fats Influence the Microbiome
  2. Opinion: Making Progress by Slowing Down
  3. Censored Professor Quits
    The Nutshell Censored Professor Quits

    Alice Dreger is resigning from the faculty of Northwestern University, claiming that the administration censored her work in a faculty journal.

  4. Mitochondria Exchange
    News Analysis Mitochondria Exchange

    A decade of research on intercellular mitochondrial transfer has answered some long-standing questions and raised new ones.

Advertisement
Advertisement